Derwent London (DLN)

Sector:

Property Investment Trusts

Index:

FTSE 250

 2,356.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 2,402.00
  • 52 Week Low: 1,779.00
  • Currency: UK Pounds
  • Shares Issued: 112.29m
  • Volume: 0
  • Market Cap: £2,645.57m
  • RiskGrade: 145

Derwent London lets Greencoat Place location to Fora

By Iain Gilbert

Date: Thursday 29 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Property investment and development business Derwent London has let the entirety of its 6-8 Greencoat Place, SW1 location to flexible workspace provider Fora.
The FTSE 250-listed firm let Fora the 32,400 square foot property, set to open in 2022, at an average price of £69 per square foot on a 15-year lease with no breaks.

Chief executive Paul Williams said: "We are pleased to welcome Fora, one of the UK's leading flexible workspace providers, to both 6-8 Greencoat Place and to our portfolio.

"We have created modern adaptable space while significantly enhancing the building's sustainability and longevity. This combination enabled Fora to make a long-term commitment, and they, in turn, will provide an important amenity for our surrounding occupiers."

As of 0920 BST, Derwent London shares were up 0.58% at 3,628.0p.

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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 2,356.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 2,402.00
52 Week Low 1,779.00
Volume 0
Shares Issued 112.29m
Market Cap £2,645.57m
RiskGrade 145

Derwent London Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.31% below the market average17.31% below the market average17.31% below the market average17.31% below the market average17.31% below the market average
85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average85.19% below the sector average
Price Trend
22.09% above the market average22.09% above the market average22.09% above the market average22.09% above the market average22.09% above the market average
46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average
Income
0.38% below the market average0.38% below the market average0.38% below the market average0.38% below the market average0.38% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Growth
54.65% below the market average54.65% below the market average54.65% below the market average54.65% below the market average54.65% 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 6
Buy 5
Neutral 6
Sell 1
Strong Sell 1
Total 19
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 25-Apr-24 07-Sep-23
Paid 31-May-24 13-Oct-23
Amount 55.00p 24.50p

Trades for --2024

Time Volume / Share Price
0 @ 0.000p

Derwent London Key Personnel

CEO Paul M. Williams
CFO Damian Wisniewski

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