INTRODUCTION AND<br>OVERVIEW
CENTRAL LONDON OFFICE<br>OUTLOOK FOR 2016
DERWENT LONDON’S<br>SUBSTANTIAL GROWTH <br>OPPORTUNITIES (1)
DERWENT LONDON’S<br>SUBSTANTIAL GROWTH <br>OPPORTUNITIES (2)
RESULTS AND FINANCIAL<br>REVIEW
PROPERTY OUTGOINGS,<br>EPRA RENTAL INCOME <br>AND COST RATIOS
PROFORMA IMPACT OF<br>MAJOR SCHEMES
VALUATION AND<br>PORTFOLIO ANALYSIS
VALUATION PERFORMANCE <br>AND DRIVERS
CONTEXT TO YIELD<br>MOVEMENT
PORTFOLIO INCOME<br>POTENTIAL - REVERSION
CENTRAL LONDON OFFICE<br>RENTAL VALUES
CAPTURING THE REVERSION<br> ACROSS THE PORTFOLIO
LETTING PROGRESS ON <br>OUR RECENT ACQUISITIONS
PRE-LETTING OUR <br>DEVELOPMENT PIPELINE
PRE-LETTING OUR <br>DEVELOPMENT PIPELINE
ACTIVE DEMAND IN THE <br>MARKET
2016 COMPLETION: <br>WHITE COLLAR FACTORY EC1
2017 COMPLETION: THE <br>COPYRIGHT BUILDING W1
RECENT START: <br>80 CHARLOTTE STREET W1
RECENT START: <br>BRUNEL BUILDING W2
ADDING VALUE THROUGH <br>THE PLANNING PROCESS: <br>MONMOUTH HOUSE EC1
ADDING VALUE THROUGH <br>THE PLANNING PROCESS: <br>1 OXFORD STREET W1
PRINCIPAL ACQUISITIONS <br>IN 2015
ACQUISITION: <br>THE WHITE CHAPEL <br>BUILDING E1
CREATING A NEW <br>DESTINATION: <br>THE WHITE CHAPEL BUILDING
ACQUISITION: <br>50 OXFORD STREET W1
PRINCIPAL INVESTMENT <br>DISPOSALS