Derwent London (DLN)

Sector:

Property Investment Trusts

Index:

FTSE 250

2,002.00p
   
  • Change Today:
      9.00p
  • 52 Week High: 2,508.00
  • 52 Week Low: 1,682.00
  • Currency: UK Pounds
  • Shares Issued: 112.29m
  • Volume: 23,624
  • Market Cap: £2,248.06m
  • RiskGrade: 145

Derwent reports improved rent collections

By Frank Prenesti

Date: Thursday 06 May 2021

LONDON (ShareCast) - (Sharecast News) - Property company Derwent London reported improved rent collections in March and £1.3m of new lettings in the year to date as the capital started to return from the latest Covid-19 lockdown.
The company on Thursday said it had collected around 93% of first quarter day rent, up from 87% on 13 April with another 4% expected later in the quarter. Vacancy rates rose to 2.3% from 1.8% in December.

"We are seeing a marked increase in activity across our portfolio as London is emerging from lockdown and we now have £5.6m of lettings completed or under offer. Our occupiers are telling us that they are keen to return to their offices as the economy bounces back," said chief executive Paul Williams.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Derwent London Market Data

Currency UK Pounds
Share Price 2,002.00p
Change Today 9.00p
% Change 0.45 %
52 Week High 2,508.00
52 Week Low 1,682.00
Volume 23,624
Shares Issued 112.29m
Market Cap £2,248.06m
RiskGrade 145

Derwent London Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.42% below the market average60.42% below the market average60.42% below the market average60.42% below the market average60.42% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Price Trend
23.39% below the market average23.39% below the market average23.39% below the market average23.39% below the market average23.39% below the market average
58.62% below the sector average58.62% below the sector average58.62% below the sector average58.62% below the sector average58.62% below the sector average
Income
25.10% above the market average25.10% above the market average25.10% above the market average25.10% above the market average25.10% above the market average
61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average61.9% below the sector average
Growth
30.2% below the market average30.2% below the market average30.2% below the market average30.2% below the market average30.2% below the market average
55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average55.56% below the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 8
Sell 1
Strong Sell 0
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Derwent London Dividends

  Latest Previous
  Final Interim
Ex-Div 24-Apr-25 05-Sep-24
Paid 30-May-25 11-Oct-24
Amount 55.50p 25.00p

Trades for 09-May-2025

Time Volume / Share Price
13:19 144 @ 2,004.00p
13:19 36 @ 2,002.00p
13:19 190 @ 2,002.00p
13:19 79 @ 2,002.00p
13:19 50 @ 2,002.00p

Derwent London Key Personnel

CEO Paul M. Williams
CFO Damian Wisniewski

Top of Page