Derwent London plc is a real estate investment trust (REIT) focused on the central London commercial property market. The Company owns a portfolio of 5.4 million square feet of commercial real estate predominantly in central London. Of its portfolio, 76% is in the West End, the main focus of its operations, in villages, such as Fitzrovia, Victoria, and Belgravia. The City borders account for 21% and include villages, such as Old Street, Clerkenwell, Holborn and Shoreditch, and the remaining 3% is in Scotland, on the northern outskirts of Glasgow. The portfolio consists of 129 buildings and has over 550 tenants, covering a range of business sectors which include media, television, marketing and advertising tenants.