Derwent London sees vacancy rates fall as shoppers, workers return
4th May 2023 08:25
(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.
Read moreDerwent London posts FY IFRS pre-tax loss
28th Feb 2023 08:47
(Sharecast News) - Property investor and developer Derwent London said on Tuesday that it had fallen to an IFRS pre-tax loss in 2022 despite net rental income and lettings both rising.
Read moreDerwent London offloads 19 Charterhouse Street asset for £54m
16th Jan 2023 08:12
(Sharecast News) - Real estate investment trust Derwent London has agreed to sell its 63,170 square foot freehold interest in 19 Charterhouse Street in East London for £54.0m before costs.
Read moreBerenberg lowers target price on Derwent London
20th Dec 2022 09:06
(Sharecast News) - Analysts at Berenberg lowered their target price on property investment and development business Derwent London from 2,800.0p to 2,450.0p on Tuesday, stating the group was "not immune" from market movements.
Read moreDemand remains strong at Derwent
3rd Nov 2022 09:41
(Sharecast News) - Derwent London said on Tuesday that demand for property remained "good", despite the uncertain political and economic climate.
Read moreDerwent London experiences 'good demand' in H1
11th Aug 2022 08:09
(Sharecast News) - Property investment and development business Derwent London said on Thursday that it had seen "good demand" for its locations despite the current uncertain macro environment.
Read moreDerwent London sells Bush House south west wing for £85m
18th Jul 2022 07:23
(Sharecast News) - Derwent London said it had sold Bush House, South West Wing WC2, a 103,700 sq ft freehold office building for £85m before costs.
Read moreDerwent says London demand returns as tenants pay premium
5th May 2022 09:13
(Sharecast News) - London office landlord Derwent said demand for space had resumed after the Covid pandemic, with tenants prepared to pay premium rents for space.
Read moreJPMorgan upgrades Derwent and GPE, downgrades Landsec
13th Apr 2022 09:27
(Sharecast News) - JPMorgan Cazenove upgraded Great Portland Estates and Derwent London on Wednesday, but downgraded Landsec as it took a look at London office space.
Read moreDerwent London swings back to positive total return in 2021
24th Feb 2022 10:05
(Sharecast News) - Derwent London reported a positive total return of 5.8% in its 2021 results on Thursday, swinging from a negative return of 1.8% in 2020.
Read moreDerwent London agrees to sell freehold interest in New River Yard EC1 asset
26th Jan 2022 07:58
(Sharecast News) - Property investment and development firm Derwent London has exchanged contracts to sell its 70,700 square foot freehold interest in New River Yard EC1 to a private property company.
Read moreBerenberg maintains 'top pick' rating on CLS Holdings
12th Jan 2022 07:19
(Sharecast News) - Analysts at Berenberg took a fresh look at the UK real estate sector on Tuesday as the London workforce works from home once again following the implementation of Britain's "Plan-B" Covid-19 restrictions.
Read moreDerwent London agrees terms for acquisition of City Road Island
14th Dec 2021 12:17
(Sharecast News) - Derwent London said on Tuesday that it has been selected by the Moorfields Eye Hospital NHS Foundation Trust and UCL as their preferred bidder for the acquisition of the freehold of City Road Island, 162 City Road and 11-43 Bath Street EC1.
Read moreDerwent adds to strong second half with Southwark acquisition
4th Nov 2021 09:15
(Sharecast News) - Derwent London said in a trading update on Thursday that £5.5m of new lettings had been achieved to-date in the second half, at an average 2.4% above last December's estimated rental value (ERV).
Read moreDerwent London rent collection rates improve in September
12th Oct 2021 08:17
(Sharecast News) - Commercial real estate firm Derwent London said on Tuesday that rent collection rates had continued to strengthen in the September quarter.
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