Company
Derwent London PLC
LON:DLN
Derwent London is the largest real estate investment trust focused on the London property market. The portfolio is spread mainly across central London and now totals 5.4m sq ft (501,000 sq m) worth £2.6 billion.
66 stories
Derwent London and Great Portland best placed to benefit from structural changes in London office market
Numerous trends are creating "a new normal in property", JP Morgan believes
Things looking up for UK property giants says UBS as development pipelines improve
Buy Land Securities, British Land, Great Portland and Derwent London, says the broker
Derwent London sees less 'max-packing' of offices after Covid-19
More agile working practices might reduce overall office demand but Derwent does not believe the impact will be significant
Derwent London and Helical upgraded, Shaftesbury and Unite downgraded as JP Morgan turns more positive on UK property market
The investment bank said the UK market was now “back on the radar”, highlighting that the country is making “good progress against its vaccination targets” and that the threat of a no deal Brexit had now subsided
Derwent London shrugs off new lockdown and commits to Baker Street development
Rent collection for the September quarter had improved to 86% from 80%
Derwent London says rent collections at 80% but hospitality and retail struggling
Retail and hospitality collections are running at 40% so far for the September quarter
Derwent London a good litmus test for Capital's property market
The developer expects pressure from higher unemployment and business closures
Derwent London and Helical Bar see rental collections at around 75%
Derwent London has waived 25% of its service charge for the March and June quarters
Derwent London confident on 2020 outlook and ups dividend by 10%
The property developer sees an improved market for London offices and an increased estimated rental value for 2020
Property sector dividends look more attractive as interest rates expectations trimmed, says RBC
Over the coming three years, the Bank of England is only expected to raise interest rates by half a point, according to forecasts from Oxford Economics
Investments and investor services
FTSE 100 closes in the red as markets sink on growing trade war fears
In Europe, the German DAX tanked 206 points, while the French CAC 40 is down around 104
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BT Group will be in City spotlight on busiest day of the short week
Thursday's preview includes BT Group, Superdry, Morrisons, Barratt Developments, and RSA Insurance.
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BT to take centre stage as it reports full year numbers with dividend in focus
The week ahead includes updates from BT Group, Superdry, Morrisons, ITV, IAG, Barratt Developments, Direct Line, RSA Insurance and Imperial Brands
Land Securities lifted by Deutsche Bank to ‘buy’ from ‘hold’ in major review of the London office market
Aside from Land Securities, the German bank’s analysts also upgraded ratings for mid-cap property firms Derwent London and Great Portland Estates both to ‘buy’ from ‘hold’ too
FTSE 100 closes lower as Brexit is talk of the town
Footsie closed down around 32 points at 7,151, while the FTSE 250 added 23 at 19,270
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Standard Chartered to wrap up recent flurry of big bank results with charge-blurred numbers
Aside from the 2018 results from the emerging markets-focused bank, FTSE 100-listed housebuilder Persimmon and speciality chemicals blue chip Croda International will also report numbers
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Hotchpotch of blue-chip results set to flow in coming week from likes of Rolls-Royce, ITV, WPP
The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
Berenberg downgrades Workspace, initiates three other property stocks as it launches coverage of London office market
Berenberg's analysts concluded: “Capital values and rents are at all-time highs and have begun to turn, while increasing tenant expectations are putting pressure on operating margins and increasing building obsolescence”
RBC initiates coverage on six property firms as it turns spotlight on UK real estate
Both LandSec and Tritax were given 'outperform' ratings on the back of an improved risk profile and exposure to the UK industrial property market respectively
Derwent London founder and CEO to become chairman, Paul Williams to be next CEO
The FTSE 250 real estate group said the management changes had been backed by all of its major institutional shareholders
Investments and investor services
J Sainsbury and retailers to be among highlights amid busy Thursday schedule
Sainsbury, Superdry and Burberry are among the names in the diary for Thursday.
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Trump mid-term test and US rate decision to give week ahead a Trans-Atlantic twist
Aside from the US elections and Fed policy meeting, updates from UK blue-chip retailers J Sainsbury, Wm Morrison Supermarkets and Marks & Spencer should draw the most attention in the coming week
Derwent London reports higher rental incomes as London's office rental market remains robust despite Brexit worries
The FTSE 250 real estate group reported net rental income in the first half had risen 1.6% to £80.6mln, however pre-tax profit for the period was down to £134mln from £145.8mln
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Cineworld investors hope World Cup and hot weather failed to keep customers away in first-half
The day ahead sees Cineworld and Legal & General report their first-half results
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HSBC will ring down the curtain on the bank's interim reporting season, but other financials also in focus
Aside from HSBC's numbers, Prudential, L&G, Standard Life Aberdeen, and Hargreaves Lansdown are all on the results docket in the coming week
Investments and investor services
FTSE 100 closes higher, given a leg-up by weaker pound
The blue-chip index closed around 38 points higher at 7,700
Investments and investor services
Will BT Group be able to avoid cutting its dividend?
Thursday is set to be a busy one for corporate results with the likes of BT Group, Barratt Developments, Next and Supergroup among the day's highlights.
Archive
Rate hike unlikely from May Bank of England policy meeting after recent dull UK data
Aside from the latest Bank of England interest rate decision, the week ahead includes updates from Wm Morrison Supermarkets, Next, BT Group, ITV, and William Hill ...
Investments and investor services
FTSE 100 closes in red as Powell's hawkish tone gives traders jitters
New Fed supremo Jerome Powell will likely stick to a gradual, three hikes scenario, but the case for a faster pace of tightening is growing stronger, according to Nordic investment bank, SEB
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Standard Chartered to take the bow for banking results, as Persimmon starts for the housebuilders
Day ahead includes a welter of blue chip results from the likes of Standard Chartered PLC, Persimmon PLC, Direct Line Group, and GKN PLC
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Housebuliders step up to the podium in busy week of corporate earnings
The week ahead includes a slew of full year results, including from Taylor Wimpey, Persimmon, GKN, Capita, AB Foods and WPP
Property in vogue: Credit Suisse shuffles ratings for London Office REITs
The Swiss bank’s analysts said: “London office focused REITs have been out of favour with investors for almost two years as fears over the late stage of the property cycle and the impact of Brexit have sustained material NAV discounts”
FTSE 100 firmly in red as EU cuts growth forecasts for UK
After a bullish run over the past few months, European and US markets endured a rare off day on Thursday
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AstraZeneca's results: focus will be on the pipeline and recovery options for the MYSTIC trial
Will Astra get into the MYSTIC? The company said not all hope was lost for its lung cancer trial, which flunked in the summer
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M&S and Sainsbury's take centre stage as BoE interest rate hike excitement dies down
The week ahead includes earnings from M&S, Sainsbury's, ABF, Direct Line, Wetherspoon and AstraZeneca while macro-economic announcements will be thin on the ground
Deutsche Bank boosts British Land with upgrade to 'buy' from 'hold' in UK real estate review
The German bank also raised its target price for the FTSE 100-listed firm to 660p from 590p, with the stock trading at 609.5p, up 1.8% or 10.5p on Friday’s closing price
FTSE 100 plunges on North Korea fears
The FTSE 100 finished 108 points lower at 7,390, about 13 points above its intra-day low
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Prudential's chief Mike Wells to face questions on rumoured break-up at first half results
Prudential, Glencore and DFS Furniture are among the companies reporting results on Thursday
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Insurers and fund mangers in the earnings frame, notably Standard Life, Prudential and L&G
Week ahead: Results from Standard Life PLC, Prudential PLC, Legal & General Group PLC, Paddy Power Betfair PLC, Intercontinental Hotels PLC , G4S PLC, Glencore PLC ...
Investments and investor services
FTSE 100 finishes little changed after "Super Thursday" underwhelms
The Footsie was back in black - but only just - thanks to precious metals miners
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What will BT have to say about write-down can-of-worms?
Thursday brings the fourth quarter trading update from BT Group, while the banking AGM season continues.
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Pensioners, Ofcom and rivals snap away at BT
Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
AstraZeneca a highlight for a busy City schedule for Thursday
AstraZeneca, Vedanta, Halfords, and SuperGroup were among those in Thursday's diary.
Week Ahead: US election takes centre stage
Aside from the election, several UK retailers have results due next week
Oil, gas and mining stocks outshine housebuilders after 'Brexit' - broker
Oil & gas and mining stocks have survived the 'Brexit' fallout largely unscathed
Investments and investor services
London office market under threat from 'Brexit', says Deutsche
Broker sees possible "material moves" out of London after referendum
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Brokers: Antofagasta and KAZ get upgraded
Brokers were obviously impressed with yesterday’s rally in the mining sector as both Credit Suisse and Jefferies upgraded
PREVIEW - Aldermore, Derwent London and others to report
A look at some of the firms reporting on Thursday (August 11)
Week Ahead: Telit expected to reveal benefit from sterling's slide
Among the big names reporting this week include insurance giants Legal & General, Old Mutual, Standard Life and Prudential
PREVIEW: Big four sales fall bodes ill for Morrisons
Aldi, Lidl and the Co-op continue to take market share away from the Big Four
Week Ahead: Banking season arrives
It's a heavy week for trading updates, with the banks to the fore
Thursday's agenda: Burberry looks to steady after China woes
Burberry and Rolls Royce catch the eye on a busy Thursday
Week Ahead: TalkTalk has some explaining to do
There are bigger companies reporting this week, such as Sainsbury's, Prudential, SABMiller and Rolls-Royce, but few will command as much coverage as TalkTalk,
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Acacia Mining’s “wafer thin” margin has gone, broker says
Acacia Mining, Marks & Spencer, Sports Direct, Hammerson, Shaftesbury, and Fidessa were all in Wednesday’s broker spotlight.
Thursday's agenda - Fed rate decision only story in town?
A clutch of corporate announcements will greet investors on Thursday, but of course there is really only one story in town...
Investments and investor services
Week Ahead: Merlin Entertainments, Kingfisher and the Fed to make headlines
The effects of the serious accident at Alton Towers in June could linger at Merlin for some time.
Investments and investor services
Broker spotlight: Oil super-majors, Falcon Oil & Gas, Sirius Minerals, Sky, UK property companies
The super-majors are the energy stocks to have, says Deutsche Bank, but Falcon Oil & Gas's Aussie drilling results show there is still a place for a well-chosen minnow.
Investments and investor services
Broker spotlight: Oil super-majors, Falcon Oil & Gas, Sky, UK property companies
The super-majors are the energy stocks to have, says Deutsche Bank, but Falcon Oil & Gas's Aussie drilling results show there is still a place for a well-chosen minnow.
Shell among ‘most resilient’ oilers, City broker says
Shell, Randgold, N Brown, Wood Group and British Land were in Monday’s broker spotlight
TUI upgraded thanks to “very positive” third quarter
TUI, Wolseley, Ferrexpo, Capitals & Counties and Derwent London are all in Monday’s broker spotlight
Investments and investor services
Thursday's Agenda: FTSE 100 to struggle on host of ex-divs
The sheer volume of companies trading ex-dividend is expected to take around 34 points off the FTSE 100.
Investments and investor services
Week Ahead: Growth in Asia to offset Pru's UK growth issues
The Pru's decision to focus on Asia has proved a smart one, but with regulatory changes affecting the retail annuity market in the UK, it can't afford a slowdown in its Asian operations.