Property Investment Trusts (DLS36)

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Derwent sells London building for £55m excluding costs, surrender premium

By Frank Prenesti

Date: Tuesday 29 Jul 2025

LONDON (ShareCast) - (Sharecast News) - Derwent London said it had sold an office building in London for £55.5m to a local government pension scheme.
The final sum will exclude transaction costs and a £1.3m surrender premium in relation to the basement space. The sale is scheduled to complete in early Q4 2025.

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