Derwent upgrades lettings guidance despite wider full-year loss
28th Feb 2024 08:39
(Sharecast News) - Derwent London reporting a robust lettings performance in its 2023 results on Wednesday, despite reporting a wider loss, as it upgraded its guidance for the new financial year.
Read moreLondon close: Stocks rise as BoE keeps rates steady
2nd Nov 2023 15:12
(Sharecast News) - London's stock markets ended the day on a positive note on Thursday, following the Bank of England's decision to maintain interest rates as markets widely expected.
Read moreLondon close: Stocks finish choppy session in the red
27th Sep 2023 14:13
(Sharecast News) - London's stock markets presented a downbeat picture at the close of Wednesday's trading session.
Read moreJefferies cuts Reit ratings as office vacancies mount
27th Sep 2023 11:51
(Sharecast News) - Jefferies has downgraded a number of real estate investment trusts, including British Land, on the back of waning demand for office space.
Read moreMorgan Stanley sees 'compelling' opportunity with UK property stocks
26th Sep 2023 09:24
(Sharecast News) - UK real estate investment trusts (REITs) offer a "compelling" investment opportunity, according to analyst at Morgan Stanley, who said that the sector could soon see a recovery as challenging macro conditions slowly begin to ease.
Read moreLondon office stocks to benefit from higher oil price, says Morgan Stanley
18th Sep 2023 08:02
(Sharecast News) - Morgan Stanley says the recent rise in oil could be a positive for London-focused office property groups, as it looked into the historic correlations between real estate and commodity prices.
Read moreLondon close: FTSE finishes higher after positive China data
15th Sep 2023 16:12
(Sharecast News) - London's top-flight index managed a positive finish on Friday based on promising Chinese economic data.
Read moreGoldman upgrades Great Portland, Derwent London
15th Sep 2023 09:03
(Sharecast News) - Goldman Sachs upgraded its stance on Great Portland Estates and Derwent London on Friday.
Read moreFTSE 250 movers: Real estate stocks Savills and Derwent London sink
10th Aug 2023 15:01
(Sharecast News) - Shares in Savills plunged nearly 12% on Thursday after the real estate advisor said it is cutting its forecasts for the financial year after a tough first half which saw profits sink 72%.
Read moreJ.P.Morgan bullish on outlook for UK property stocks
20th Jul 2023 15:45
(Sharecast News) - Analysts at J.P.Morgan sounded a 'bullish' note on the outlook for UK property stocks.
Read moreDerwent 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.
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