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IN BRIEF: Derwent London gets planning permission for hotel project

ALN

Derwent London PLC - London office-focused real estate investment trust - Receives resolution to grant planning permission for a planned development of Blue Star House in Brixton, south east London. The building, opposite the O2 Academy Brixton music venue, will be turned into a 341-room hotel with ground floor office and commercial space. Work is expected to start in mid-2027 and be completed by late 2029.

Current stock price: 1,663.00 pence

12-month change: down 16%

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