Derwent London plc owns 86 buildings in a commercial real estate portfolio predominantly in central London valued at £5.2 billion (including joint ventures) as at 31 December 2018, 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 5.4 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 2018 the Group won Property Week Property Company of the Year and EG Offices Company of the Year, whilst White Collar Factory scooped RIBA National and London awards, RICS National and London awards, two BCO awards for Commercial Workplace and Innovation, an EG Creative Places award and an NLA Wellbeing award. 25 Savile Row also won RIBA National and London awards and SKA Gold for the fit-out. In 2017 the Group collected the Property Week Developer of the Year award and EG Offices Company of the Year and won further awards from RIBA, Civic Trust and BCO. In 2013 Derwent London launched a voluntary Community Fund and has to date supported 70 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
CIKN/A
Phone+44-20-76593000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales£228.90 million
Profitability
Miscellaneous
Employees124
Next Earnings Date8/8/2019 (Estimated)
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 announced a dividend on Tuesday, February 26th. Shareholders of record on Thursday, May 2nd will be paid a dividend of GBX 46.75 per share on Friday, June 7th. This represents a yield of 1.42%. The ex-dividend date of this dividend is Thursday, May 2nd. This is a boost from Derwent London's previous dividend of $19.10. The official announcement can be accessed at this link. View Derwent London's Dividend History.
How were Derwent London's earnings last quarter?
Derwent London Plc (LON:DLN) issued its quarterly earnings results on Thursday, August, 9th. The real estate investment trust reported $51.80 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $50.30 by $1.50. View Derwent London's Earnings History.
When is Derwent London's next earnings date?
What price target have analysts set for DLN?
15 equities research analysts have issued twelve-month target prices for Derwent London's shares. Their predictions range from GBX 2,500 to GBX 3,779. On average, they anticipate Derwent London's share price to reach GBX 3,184 in the next year. This suggests that the stock has a possible downside of 2.7%. 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 been trending somewhat positive on Wednesday, according to InfoTrie. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Derwent London earned a news impact score of 1.3 on InfoTrie's scale. They also assigned news coverage about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future.
Who are some of Derwent London's key competitors?
Some companies that are related to Derwent London include DEXUS Property Group (DXS), GPT Group (GPT), Stockland (SGP), H&R Real Estate Investment Trust (HR.UN), Charter Hall Group (CHC), Growthpoint Properties Australia (GOZ), UNITE Group (UTG), Abacus Property Group (ABP), Cominar REIT (CUF.UN), Great Portland Estates (GPOR), Viva Energy Reit (VVR), Artis Real Estate Investment Trust Unit (AX.UN), Crombie Real Estate Investment Trust (CRR.UN), Secure Income REIT (SIR) and Charter Hall Long WALE REIT (CLW).
What other stocks do shareholders of Derwent London own?
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 & Exec. Director (Age 56)
- Mr. Simon P. Silver, Property Director & Exec. Director (Age 68)
- Mr. Paul Malcolm Williams, Property Director & Director (Age 58)
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 3,272.
How big of a company is Derwent London?
Derwent London has a market capitalization of £3.65 billion and generates £228.90 million in revenue each year. Derwent London employs 124 workers across the globe.
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.
