Derwent buys £39m tech site

Kasmira Jefford
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DERWENT London said yesterday it has splashed out £39m on an office building in Clerkwenwell as the developer reported record lettings.

Derwent said 19 Charterhouse Street sits in London’s “tech belt” from Whitechapel to Kings Cross, which is benefitting from the burgeoning technology sector.

In a trading statement, the group said it had achieved record lettings of 619,900 sq ft in the year to date, generating £21.1m of annual rent.