Contents
Investment Summary 3
Company detail
► Derwent London 10
Investment Summary 11
Portfolio 13
Income Statement 15
Debt Structure 17
Forecasts 18
Valuation 19
► Great Portland Estates 22
Investment Summary 23
Portfolio 26
Income Statement 28
Debt Structure 30
Forecasts 31
Valuation 32
► Shaftesbury 35
Investment Summary 36
Portfolio 39
Income Statement 43
Debt Structure 46
Forecasts 47
Valuation 48
Disclosures & Disclaimers 50