Derwent Plans to Sell Student Housing Close to the City of London District

Derwent London Plc (DLN), a developer of mid-priced office buildings in central London, said it’s likely to sell the student housing portion of a planned development near the city’s main financial district.

The site on London’s Commercial Road may become vacant next year and local officials have approved plans for 417 rooms of student accommodation together with 26,500 square feet (2,450 square meters) of offices in a 19-story building …

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