Derwent London Agrees £32.6m Sale Of 80–85 Tottenham Court Road

Derwent London sells Tottenham Court Road property at premium to book value

Derwent London announced the sale of a central London property today, underscoring the value in its portfolio and the health of the London office space market. Derwent London has exchanged contracts to sell 80-85 Tottenham Court Road W1 for £32.6m, securing £755 per square foot. Notably, the transaction marks a premium to the June 2025 […] The post Derwent London sells Tottenham Court Road property at premium to book value appeared first on UK I…

Derwent London Agrees £32.6m Sale Of 80–85 Tottenham Court Road

Derwent London plc (LON:DLN) has announced that it has exchanged contracts for the disposal of 80-85 Tottenham Court Road W1 for £32.6m (before costs), reflecting a capital value of £755 psf. The sale is at a premium to June 2025 book value and is scheduled to complete in June 2026. The purchaser is a joint venture between Purestone Capital and BPS London, both private investors. The acquisition is the first for the newly formed value-add platfo…