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Derwent London PLC (DLN.L)

DLN.L on London Stock Exchange

3,030.00GBp
4:15pm IST
Change (% chg)

-8.00 (-0.26%)
Prev Close
3,038.00
Open
3,026.00
Day's High
3,048.00
Day's Low
3,026.00
Volume
25,844
Avg. Vol
261,135
52-wk High
3,241.00
52-wk Low
2,608.00

Latest Key Developments (Source: Significant Developments)

Derwent London Plc gets 2.4 mln stg of rents in Q1
Thursday, 10 May 2018 

May 10 (Reuters) - Derwent London PLC ::DERWENT LONDON PLC - OCCUPIER INTEREST REMAINS GOOD IN Q1 WITH 164,500 SQ FT OF LETTINGS SIGNED OR UNDER OFFER.DERWENT LONDON PLC - 51,500 SQ FT NEW LETTINGS ACHIEVING £2.4M OF RENTS, 4.9% ABOVE DECEMBER 2017 ERV.DERWENT LONDON PLC - CAPITAL EXPENDITURE AND PROPERTIES ACQUIRED IN FIRST THREE MONTHS OF 2018 TOTALLED £53.1M.DERWENT LONDON PLC - CENTRAL LONDON OFFICE VALUES REMAIN FIRM..  Full Article

Derwent London says ‍City of Westminster grants planning permission on two projects ​
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Derwent London Plc ::‍CITY OF WESTMINSTER HAS RESOLVED TO GRANT PLANNING PERMISSION ON TWO PROJECTS TOTALLING 443,000 SQ FT​.DERWENT LONDON - ‍FIRST PROJECT IS A MIXED-USE DEVELOPMENT AT 19-35 BAKER STREET W1, SECOND PROJECT FOR A RETAIL-LED PROJECT AT HOLDEN HOUSE, OXFORD STREET W1​.  Full Article

Derwent London Plc says year-to-date ‍on average new lettings have been 1.3% above Dec 2016 ERV​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Derwent London Plc :Year-To-Date ‍on average new lettings have been 1.3% above December 2016 ERV​.In 2017 to date have let or pre-let 674,800 sq ft achieving £41.2m pa of rent​.Proforma LTV adjusting for disposals since september 2017 is 12.7%​.‍At 30 Sept 2017 cash and undrawn facilities were £422m and LTV was 15.3%​.Good occupier and investment demand means that 2017 will be a record year for Derwent London's lettings and investment disposals.  Full Article

Derwent London secures further major pre-lets at 80 Charlotte Street
Monday, 11 Sep 2017 

Sept 11 (Reuters) - DERWENT LONDON PLC ::DERWENT LONDON SECURES FURTHER MAJOR PRE-LETS.BCG WILL TAKE TOP 5 TH TO 8 TH FLOORS COMPRISING 123,500 SQ FT ON A FIFTEEN-YEAR LEASE WITH FIVE-YEAR RENT REVIEWS AND AN OPTION TO BREAK AFTER TWELVE YEARS SUBJECT TO A PENALTY.INITIAL RENT IS 10.6 MLN STG PER ANNUM, SLIGHTLY ABOVE ERV.  Full Article

Derwent London hasn't seen any re-negotiation post Brexit-CEO
Thursday, 11 Aug 2016 

Derwent London Plc : CEO - we have not seen any re-negotiation post Brexit vote . CEO - not seeing any evidence of evidence of a slow-down in rental growth at the moment Further company coverage: [DLN.L].  Full Article