Derwent London eyes Crossrail profits

Derwent London, the real estate investment trust, is pushing up its dividend as it looks to cash in on the capital's Crossrail project.

Derwent London, the real estate investment trust, is pushing up its dividend as it looks to cash in on the capital's Crossrail project.

The group owns several well known properties in central London, including the Angel Building in EC1, in which the online travel agent Expedia has taken 93,400 square feet (sq ft) at a cost of £3.8m per year.

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