Derwent London (DLN)

Sector:

Property Investment Trusts

Index:

FTSE 250

2,300.00p
   
  • Change Today:
      96.00p
  • 52 Week High: 2,402.00
  • 52 Week Low: 1,779.00
  • Currency: UK Pounds
  • Shares Issued: 112.29m
  • Volume: 29,330
  • Market Cap: £2,582.69m
  • RiskGrade: 145

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 2,300.00p
Change Today 96.00p
% Change 4.36 %
52 Week High 2,402.00
52 Week Low 1,779.00
Volume 29,330
Shares Issued 112.29m
Market Cap £2,582.69m
RiskGrade 145

Derwent London Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.59% below the market average7.59% below the market average7.59% below the market average7.59% below the market average7.59% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average
Price Trend
20.81% below the market average20.81% below the market average20.81% below the market average20.81% below the market average20.81% below the market average
6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average6.67% below the sector average
Income
8.95% above the market average8.95% above the market average8.95% above the market average8.95% above the market average8.95% above the market average
76% below the sector average76% below the sector average76% below the sector average76% below the sector average76% below the sector average
Growth
55.63% below the market average55.63% below the market average55.63% below the market average55.63% below the market average55.63% below the market average
42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% below the sector average42.86% 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 15-May-2024

Time Volume / Share Price
16:16 133 @ 2,296.00p
16:15 28 @ 2,300.00p
16:15 41 @ 2,300.00p
16:15 87 @ 2,298.00p
16:15 22 @ 2,298.00p

Derwent London Key Personnel

CEO Paul M. Williams
CFO Damian Wisniewski

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