Derwent London to acquire City Road Island EC1 from Moorfields Eye Hospital and the UCL Institute of Ophthalmology for £239m.

Derwent London, a property investment and development company, agreed to acquire City Road Island EC1 from Moorfields Eye Hospital and the UCL Institute of Ophthalmology for £239m. “We are delighted to have secured such an important central London regeneration opportunity in the heart of the Tech Belt, where we aim to deliver the next generation of distinctive ‘long-life, loose-fit, low carbon’ commercial space,” Paul Williams, Derwent London CEO.