11-636: Derwent London is a British-based property investment and development business. It is headquartered in London and is a constituent of the FTSE 250 Index . The business was originally established as the operator of the Derwent Valley Light Railway which opened in 1913. The railway closed in 1981 and in 1984 John Burns used the former operating company, Derwent Valley Holdings , as the vehicle with which to develop his London-based property business. It joined
22-599: A new retail destination with cafes and restaurants. The company's plans were criticised in the local paper Fitzrovia News who accused the company of wanting to change the character of the neighbourhood. In July 2010 the company held an exhibition outlining its proposals for the Saatchi building in Charlotte Street: Fitzrovia News reported that Camden Council had confirmed that the Fitzrovia Partnership
33-551: Is a market capitalization weighted stock market index made up of the constituents of the FTSE 100 and FTSE 250 indices. The FTSE 100 Index comprises the largest 100 companies by capitalization which have their primary listing on the London Stock Exchange , while the FTSE 250 Index comprises mid-capitalized companies not covered by the FTSE 100, i.e. the 101st to 350th largest. See the articles about those indices for lists of
44-599: The FTSE 100 Index (which lists the largest 100 companies), the FTSE 350 Index (which combines the FTSE 100 and 250), the FTSE SmallCap Index and the FTSE All-Share Index (an aggregation of the FTSE 100 Index, the FTSE 250 Index and the FTSE SmallCap Index). The index began on 12 October 1992 at the base level of 2,403, and a market capitalisation of £98 billion. The highest closing value of 24,250.80
55-568: The FTSE EPRA/NAREIT Developed Europe index on 31 December 1999 when it was launched, trading under the name Derwent Valley Holdings. In 2007 the company merged with London Merchant Securities plc to form Derwent London . This deal was hailed as "the deal of the decade" by the editor of Property Week. In July 2007 the company converted to a real estate investment trust . The Group is organised as one business – property investment and development. At 31 December 2023 its portfolio
66-436: The index's market cap . At the same date there was one company with a market cap exceeding £4 billion: Polar Capital , which accounts for approximately 1% of the market cap. Each calendar quarter, the FTSE 250's constituents are reviewed and some companies will either exit or enter the index, resulting in irregular trading volume and price changes as market participants rebalance their portfolios . Related indices are
77-513: The real strength of the economy of the United Kingdom and consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock Exchange . The index consists of 38 sectors , three of which have a market cap exceeding £25 billion as at 28 June 2024. These are collective investments , investment banking & investment services , and residential and commercial REIT , which together account for approximately 56% of
88-416: Was intending to become a Business Improvement District (BID). In 2009 the company's plans to demolish Farringdon's famous Turnmills were turned down by London Borough of Islington after a campaign to save the building by local people. The company wanted to replace the 19th-century stables building with a glass and steel tower block. The company then appealed to the planning inspectorate, but their appeal
99-423: Was reached on 1 September 2021. The following table lists the annual changes in the FTSE 250 index. Whilst the FTSE 250 had no retail products prior to its 1992 inception date, in the 1990's the index returns were back-calculated to 1986. Indicative values as follows: The following table lists the FTSE 250 companies after the changes on 22 November 2024. FTSE 350 Index The FTSE 350 Index
110-483: Was refused. Subsequently, a revised planning application was granted approval and work on the new building commenced in April 2012. This will create a 70,000 sq ft office and retail property close to the new Farringdon station Crossrail interchange. FTSE 250 Index The FTSE 250 Index , also called the FTSE 250 , or, informally, the " Footsie 250 " / ˈ f ʊ t s i / , is a stock market index that measures
121-503: Was valued at £4.8bn. From the merger with London Merchant Securities the company acquired 800,000 square feet (74,000 m) of property to add to its existing Fitzrovia portfolio. This gave the company about 1,000,000 square feet (93,000 m) of property over more than 30 sites in Fitzrovia; about one fifth of the company's total portfolio. In November 2009 the company announced plans to transform part of Fitzrovia in central London into
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