Derwent 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.
Read moreMonday broker round-up
16th Aug 2021 15:10
(Sharecast News) - Dalata Hotel Group: Berenberg keeps at buy but cuts target price from 440.0p to 400.0p.
Read moreWednesday broker round-up
11th Aug 2021 12:21
(Sharecast News) - Hargreaves Lansdown: Berenberg stays at 'buy' but lowers target price from 2,000.0p to 1,850.0p.
Read moreDerwent London raises FY expectations for rental growth
10th Aug 2021 08:08
(Sharecast News) - Property development firm Derwent London raised full-year expectations for rental growth on Tuesday as demand for new office space across London began to rebound, driven by the UK's vaccine rollout efforts.
Read moreDerwent London buys headlease interest in Bush House for £13.5m
2nd Aug 2021 07:58
(Sharecast News) - Derwent London on Monday said it had bought the outstanding seven-year headlease interest in the South West Wing of Bush House for £13.5m before costs.
Read moreDerwent London lets Greencoat Place location to Fora
29th Jul 2021 09:22
(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.
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