PropertyEU

EUR 3.3 bn Derwent London link-up may become REIT

By A staff reporter 2006-11-14T00:00:00

Commercial property investor Derwent Valley and peer London Merchant Securities (LMS) have reached agreement on a recommended merger. The new entity will be called Derwent London and will focus on development, refurbishment and active management of properties in the Central London area. The group will have a combined portfolio valued ...

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