In Q4 2012, Derwent London acquired a 68-year leasehold interest in 25-27 and 29-33 Berners Street for £36.5 million, later extended to 127 years. Planning consent for the ‘Copyright Building’, 30 Berners Street, Fitzrovia, was granted in October 2014, to provide 87,150 sq ft of offices and 20,000 sq ft of retail space. Construction began once vacant possession of 25-27 and 29-33 Berners Street was achieved in 2015.