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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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 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
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Strong Buy | 6 |
Buy | 5 |
Neutral | 6 |
Sell | 1 |
Strong Sell | 1 |
Total | 19 |
Latest | Previous | |
---|---|---|
Final | Interim | |
Ex-Div | 25-Apr-24 | 07-Sep-23 |
Paid | 31-May-24 | 13-Oct-23 |
Amount | 55.00p | 24.50p |
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 |
CEO | Paul M. Williams |
CFO | Damian Wisniewski |
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