Derwent London to sell Angel Square freehold to Tishman Speyer

19th Jul 2021 08:02

(Sharecast News) - Derwent London has agreed to sell its 126,200 sq ft freehold interest in Angel Square, Islington, to property developer Tishman Speyer for £86.5m before costs.

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Derwent London to sell Angel Square freehold to Tishman Speyer

19th Jul 2021 08:02

(Sharecast News) - Derwent London has agreed to sell its 126,200 sq ft freehold interest in Angel Square, Islington, to property developer Tishman Speyer for £86.5m before costs.

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Derwent rent collection rates improve in June quarter

9th Jul 2021 07:44

(Sharecast News) - Derwent London reported higher rent collection rates for the June quarter on Friday, than for the previous four quarters at an equivalent time.

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Derwent reports improved rent collections

6th May 2021 07:54

(Sharecast News) - Property company Derwent London reported improved rent collections in March and £1.3m of new lettings in the year to date as the capital started to return from the latest Covid-19 lockdown.

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Wednesday broker round-up

24th Mar 2021 13:29

(Sharecast News) - WH Smith: JP Morgan downgrades to neutral with a target price of 1,793p.

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Thursday broker round-up

11th Mar 2021 13:28

(Sharecast News) - Hunting: RBC Capital Markets downgrades to sector perform with a target price of 305p.

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Derwent London earnings fall in 'unprecedented' year

11th Mar 2021 08:14

(Sharecast News) - Derwent London reported a negative total return of -1.8% in its full-year results on Thursday, swinging from a positive 6.6% in 2019, as its EPRA net tangible assets fell 3.7% to 3,812p per share.

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Derwent London collects 83% of December rent

12th Jan 2021 09:29

(Sharecast News) - Derwent London has collected has received 87% of its December office rent - which represents around 91% of its total rental income - but just 26% of its retail/hospitality rent.

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Morgan Stanley downgrades some UK office stocks, sees medium-term headwinds

5th Jan 2021 16:29

(Sharecast News) - Analysts at Morgan Stanley downgraded their view on several UK office stocks in response to expected increases in supply and the structural uncertainties that were still present.

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Derwent agrees sale of Johnson Building in London

3rd Dec 2020 07:39

(Sharecast News) - Derwent London has exchanged contracts to sell its 192,700 square foot freehold interest in the Johnson Building on Hatton Garden and St Cross Street in London, it announced on Thursday, to Eurazeo Patrimoine, the real assets division of Eurazeo.

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Director dealings: Derwent London director makes share sale

24th Nov 2020 15:56

(Sharecast News) - Derwent London revealed on Tuesday that director Simon Silver had disposed to 12,170 ordinary shares in the FTSE 250-listed property investment and development business.

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Director dealings: Derwent London chairman makes share sale

17th Nov 2020 15:40

(Sharecast News) - Derwent London revealed on Tuesday that chairman John Burns had disposed of 163,000 ordinary shares in the FTSE 250-listed property investor and developer.

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Derwent rents improve as Baker Street goes ahead

5th Nov 2020 10:20

(Sharecast News) - Derwent London said rent collections had improved as it commissioned designers to start work on a major project in London's Baker Street.

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Derwent London collects 80% of rents for September quarter on due date

13th Oct 2020 08:23

(Sharecast News) - Property investment and development firm Derwent London has collected 80% of rents for the September quarter on their due date, an improvement on both the June and March quarters.

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Morgan Stanley asks whether office stocks are 'overly discounted'

30th Sep 2020 12:00

(Sharecast News) - Analysts at Morgan Stanley sounded a positive note on European office stocks, pointing out various price signals that appeared to point to the group now being overly discounted.

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