India, Nov. 5 -- Derwent London plc (DLN.L), a real estate investment trust, Thursday reported £39.8 million in leasing and asset management activity year to date, with open-market lettings achieved 6.1% above December 2025 estimated rental value (ERV).
The company said EPRA vacancy declined to 3.4% at the end of the third quarter, compared with 4.4% at the end of the first half of 2026. A further £1.7 million of lettings were under offer.
Disposals completed or exchanged year to date amounted to £290 million, with an additional £135 million under offer.
Derwent London noted that development contracts are now in place at all four major West End projects, covering 527,300 square feet, with ungeared internal rates of re...