Derwent buys Victoria office block

Derwent London has snapped up another property in London’s Victoria for £29.1m, giving the developer control of most of an island site near the station spanning almost 1.2 acres. The company said yesterday it has agreed to buy the freehold interest in Francis House, a 57,000 square feet office block on Francis Street, which adjoins its existing holdings at Greencoat & Gordon House and 6-8 Greencoat Place.