IN BRIEF: Derwent London names Assura’s Jonathan Murphy as next CEO

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Derwent London PLC - London-based investor in commercial real estate - Appoints Jonathan Murphy as chief executive, succeeding Paul Williams with effect from September 1. Williams, who announced his intention to retire from the role in January, will step down on September 1 before leaving Derwent on January 22, 2027. Murphy was CEO of healthcare real estate investment trust Assura PLC from February 2017 to September last year. ‘During his tenure, Assura delivered significant growth and strategic diversification of the portfolio and capital structure before its acquisition by Primary Health Properties [PLC] in 2025,’ Derwent London notes.

‘We are delighted to appoint Jonathan as Derwent London’s next chief executive,’ comments Derwent Chair Mark Breuer. ‘He brings a strong combination of listed real estate leadership, operational discipline and capital markets expertise, with a proven track record of responsible value creation. Alongside our talented executive team, he will provide strong leadership as we continue to recycle capital through disposals and position the business to deliver earnings growth and long-term returns for shareholders.’

Current stock price: 1,847.00 pence, down 0.7% on Thursday morning in London

12-month change: down 6.4%

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