Demand for offices helps Derwent shrug off Brexit jitters

By Dave Rogers2018-08-10T12:11:00

Developer plans starts on two major schemes next year

White Collar Factory developer Derwent London said it plans to start work on over 400,000 sq ft of space next year – despite worries over what sort of agreement the UK will get over Brexit.

The firm admitted: “As a predominantly London-based group, we are particularly sensitive to any factors which impact upon London’s growth and demand for office space.

“[Brexit] negotiations are likely to be ongoing during 2018 and the operating framework facing UK businesses and the effect on London post-Brexit cannot be accurately predicted.”

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