Derwent London plc owns 87 buildings in a commercial real estate portfolio predominantly in central London valued at £4.9 billion (including joint ventures) as at 31 December 2017, making it the largest London-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via development or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off-market with low capital values and modest rents in improving locations, most of which are either in the West End or the Tech Belt. We capitalise on the unique qualities of each of our properties taking a fresh approach to the regeneration of every building with a focus on anticipating tenant requirements and an emphasis on design. Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing. Landmark schemes in our 5.5 million sq ft portfolio include White Collar Factory EC1, Angel Building EC1, The Buckley Building EC1, 1-2 Stephen Street W1, Horseferry House SW1 and Tea Building E1. In 2017 the Group won the Property Week Developer of the Year award and EG Offices Company of the Year and won further awards for RIBA, Civic Trust and BCO and was listed 12th in the Corporate Knights Global 100 of the world's most sustainable companies. In 2013 Derwent London launched a voluntary Community Fund and has to date supported 56 community projects in Fitzrovia and the Tech Belt. The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK. The address of its registered office is 25 Savile Row, London, W1S 2ER.
Industry, Sector and Symbol
Industry REIT - Diversified
Sub-IndustryN/A
SectorReal Estate
Phone+44-20-76593000
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees118
OptionableOptionable
Derwent London (LON:DLN) Frequently Asked Questions
What is Derwent London's stock symbol?
Derwent London trades on the London Stock Exchange (LON) under the ticker symbol "DLN."
How often does Derwent London pay dividends? What is the dividend yield for Derwent London?
Derwent London declared a dividend on Thursday, August 9th. Stockholders of record on Thursday, September 13th will be given a dividend of GBX 19.10 per share on Friday, October 19th. This represents a dividend yield of 0.61%. The ex-dividend date is Thursday, September 13th. The official announcement can be seen at this link. View Derwent London's Dividend History.
How were Derwent London's earnings last quarter?
Derwent London Plc (LON:DLN) released its quarterly earnings results on Thursday, August, 9th. The real estate investment trust reported $51.80 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $50.30 by $1.50. View Derwent London's Earnings History.
What price target have analysts set for DLN?
15 brokerages have issued 1 year target prices for Derwent London's shares. Their predictions range from GBX 2,500 to GBX 3,745. On average, they anticipate Derwent London's stock price to reach GBX 3,059.85 in the next year. This suggests that the stock has a possible downside of 4.8%. View Analyst Price Targets for Derwent London.
What is the consensus analysts' recommendation for Derwent London?
15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Derwent London in the last year. There are currently 4 sell ratings, 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Derwent London.
Has Derwent London been receiving favorable news coverage?
Media stories about DLN stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Derwent London earned a coverage optimism score of 1.7 on InfoTrie's scale. They also assigned media headlines about the real estate investment trust a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.
Who are some of Derwent London's key competitors?
Some companies that are related to Derwent London include 360 Capital Total Return Fund (TOT), A & J Mucklow Group P L C (MKLW), AEW UK Long Lease REIT (AEWL), Aew UK Reit (AEWU), Agellan Commercial Real Estate Invtmt TR (ACR.UN), Agellan Commercial Real Estate Invtmt TR (ACR.UN), Australian REIT Income Fund (HRR.UN), Automotive Properties Real Est Invt TR (APR.UN), BTB Real Estate Investment Trust (BTB.UN), Cofinimmo NV/SA (COFB), Cominar REIT (CMLEF), Custodian REIT (CREI), Dream Hard Asset Alternatives Unt (DRA.UN), Ediston Property Investment (EPIC) and Folkestone Education Trust (FET).
Who are Derwent London's key executives?
Derwent London's management team includes the folowing people:
- Mr. John David Burns, Founder, CEO & Director (Age 74)
- Mr. Damian Mark Alan Wisniewski, Fin. Director & Exec. Director (Age 57)
- Mr. Nigel Quentin George, Property Director (Age 56)
- Mr. Simon P. Silver, Property Director (Age 68)
- Mr. David G. Silverman, Property Director (Age 49)
How do I buy shares of Derwent London?
Shares of DLN and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
What is Derwent London's stock price today?
One share of DLN stock can currently be purchased for approximately GBX 3,213.
What is Derwent London's official website?
How can I contact Derwent London?
Derwent London's mailing address is 25 Savile Row, LONDON, W1S 2ER, United Kingdom. The real estate investment trust can be reached via phone at +44-20-76593000.
MarketBeat Community Rating for Derwent London (LON DLN)
MarketBeat's community ratings are surveys of what our community members think about Derwent London and other stocks. Vote "Outperform" if you believe DLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
