Derwent London (DLN)

Sector:

Property Investment Trusts

Index:

FTSE 250

1,939.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 2,508.00
  • 52 Week Low: 1,682.00
  • Currency: UK Pounds
  • Shares Issued: 112.29m
  • Volume: 58,348
  • Market Cap: £2,177.32m
  • RiskGrade: 145
  • Beta: 0.01

Derwent London sees vacancy rates fall as shoppers, workers return

By Frank Prenesti

Date: Thursday 04 May 2023

LONDON (ShareCast) - (Sharecast News) - London property developer Derwent reported a fall in vacancy rates during the first quarter as workers and shoppers returned to the capital after Covid-pandemic lockdowns.
The company said its vacancy rate had fallen to 4.9% compared with 6.4% at the end of 2022, adding that it had secured new lettings worth £17m.

"London, particularly the West End, is busy and people are back in the office. Occupier demand continues to favour amenity-rich, well designed and sustainable space," said chief executive Paul Williams.

Reporting by Frank Prenesti for Sharecast.com.

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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 1,939.00p
Change Today 5.00p
% Change 0.26 %
52 Week High 2,508.00
52 Week Low 1,682.00
Volume 58,348
Shares Issued 112.29m
Market Cap £2,177.32m
Beta 0.01
RiskGrade 145

Derwent London Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
44.26% below the market average44.26% below the market average44.26% below the market average44.26% below the market average44.26% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Price Trend
27.47% below the market average27.47% below the market average27.47% below the market average27.47% below the market average27.47% below the market average
64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average64.29% below the sector average
Income
37.47% above the market average37.47% above the market average37.47% above the market average37.47% above the market average37.47% above the market average
47.83% below the sector average47.83% below the sector average47.83% below the sector average47.83% below the sector average47.83% below the sector average
Growth
21.6% below the market average21.6% below the market average21.6% below the market average21.6% below the market average21.6% below the market average
35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average35.71% below the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 7
Sell 1
Strong Sell 0
Total 17
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 17-Jul-2025

Time Volume / Share Price
13:05 98 @ 1,939.00p
13:04 86 @ 1,939.00p
13:04 98 @ 1,939.00p
13:04 100 @ 1,940.00p
13:04 50 @ 1,940.00p

Derwent London Key Personnel

CEO Paul M. Williams
CFO Damian Wisniewski

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