Derwent London has sold more than £200m of assets so far this year, but has said it is steadfast in its commitment to the capital.
In a Q3 update published this morning, chief executive Paul Williams said: “Despite recent political and economic uncertainty, occupier demand in London remains good for the right product and the flight to quality continues.”
Just shy of £140m of assets were sold in Q3, including Bush House, WC2, for £83.9m, 41% above its December 2021 book value.
