Derwent London plc
Report and Accounts 2022
Derwent London plc / Report and Accounts 2022
THE LARGEST LONDON OFFICE- FOCUSED REIT WITH A DISTINCTIVE
5.5 MILLION SQ FT PORTFOLIO
Soho Place W1
Introduction 01
CONTENTS
VISION
We craft inspiring and distinctive space where people thrive.
PURPOSE
We design and curate long-life, low carbon, intelligent offices that contribute to London's position as a leading global city, while aiming to deliver above average long-term returns for all our stakeholders.
VALUES
- We build long-term relationships
- We lead by design
- We act with integrity
CULTURE
- Dedicated and adaptable
- A passion to improve London's office spaces
- Strong customer focus
- Progressive and pragmatic
- 'Open door' and inclusive
- Collaborative and supportive
BUSINESS MODEL / See page 36
STRATEGIC REPORT
- Our year in review
- Management focus
- Operational highlights
- Performance highlights
- Debt highlights
- Strategic highlights
- ESG highlights
- Stakeholder focus
- Our portfolio
- Pipeline
- Chairman's statement
- Chief Executive's statement
- Focusing on the fundamentals
- Design-leddevelopment
- Occupier-focusedsolutions
- Net zero carbon
- A dynamic and inclusive team
- Strong capital management
- Central London office market
- Our business model
- Our strategy
- Measuring our performance
- Responsibility
- Environmental
- Social
- Governance
- Property review
- Valuation
- Acquisitions & disposals
91 Leasing, asset management & property management
- Development & refurbishment
- Finance review
- Going concern and viability
- Managing risks
GOVERNANCE
- Introduction from the Chairman
- Governance at a glance
- Our stakeholders
- The section 172(1) statement
- Board of Directors
- Executive management team
138 Corporate Governance statement
- Nominations Committee report
- Audit Committee report
- Risk Committee report
182 Responsible Business Committee report
- Remuneration Committee report
- Directors' report
229 Statement of Directors' responsibilities
FINANCIAL STATEMENTS
- Independent Auditors' report
- Group income statement
- Group statement of comprehensive income
- Balance sheets
- Statements of changes in equity
- Cash flow statements
- Notes to the financial statements
Other information
- Ten-yearsummary
- EPRA summary
- Principal properties
- List of definitions
- Shareholder information
- Awards & recognition
02 Derwent London plc / Report and Accounts 2022
Francis House SW1
Strategic report 03
- A former Army and Navy depository and store, the building has been remodelled to provide maximum light penetration, generously sized workspaces and double height volumes. The original grand staircases and a magnificent lift shaft have been exposed with designs that celebrate the building's history and Victorian craft."
TIM GLEDSTONE
PARTNER, SQUIRE & PARTNERS
STRATEGIC REPORT
- Our year in review
- Management focus
- Operational highlights
- Performance highlights
- Debt highlights
- Strategic highlights
- ESG highlights
- Stakeholder focus
- Our portfolio
- Pipeline
- Chairman's statement
- Chief Executive's statement
- Focusing on the fundamentals
- Design-leddevelopment
- Occupier-focusedsolutions
- Net zero carbon
- A dynamic and inclusive team
- Strong capital management
- Central London office market
- Our business model
- Our strategy
- Measuring our performance
- Responsibility
- Environmental
- Social
- Governance
- Property review
- Valuation
- Acquisitions & disposals
91 Leasing, asset management & property management
- Development & refurbishment
- Finance review
- Going concern and viability
- Managing risks
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Derwent London plc published this content on 13 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2023 08:34:07 UTC.