UK·Disposition·Office
Derwent London Sells Burberry HQ Horseferry House for £131.8M to Overseas Investor
Value
£131.8M
Location
London, City of Westminster, London
Date
2026-04-01
Companies
Derwent London, Burberry
The Burberry lease was regeared in December 2025, extending the term to 2043 with no break options and fixed rent uplifts in 2033 and 2038, providing the long-dated, indexed income stream that overseas investors prize. The sale price is marginally below Derwent's December 2025 book value. The transaction forms part of Derwent's target to execute £1 billion of disposals; combined with other recent sales, the company has now exchanged £275 million since the start of 2026.
central-londonofficewestminsterlong-incomedisposal-programmeoverseas-capital
Source
Bisnow