Derwent London Share Discussion Threads

[essentialinvestor] 28/11/2020 21:06

Those recent director sales may be worth noting, unless you expect a bid

[philanderer] 25/11/2020 00:19

And another...

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.

Silver, who will retire from Derwent's board in February 2021, sold the shares on Monday at an average price of 3,181.96p each, for a total value of £387,244.59.

Sharecast

[philanderer] 23/11/2020 00:43

Indeed it has nick.


'New central London office construction falls 50% in six months - Deloitte'

[nickrl] 17/11/2020 18:32

Philanderer thats raised him a fair few quid and clearly sees it as an opportunity not to be missed

[philanderer] 17/11/2020 17:45

Non-exec chairman sold 163,000 @ £32.892559 yesterday.

[philanderer] 11/11/2020 19:28

London landlord Great Portland Estates said it had written down the value of its portfolio by 6 per cent overall. The value of its retail properties has been cut by 18 per cent as vacancies in central London have risen and rents dropped.

“It is clear that the impact of the Covid crisis will persist for longer than we had hoped,” said chief executive Toby Courtauld, announcing first-half results.

[philanderer] 10/11/2020 13:36

Derwent London and Westfield among landlords to cheer Pfizer update

[philanderer] 09/11/2020 15:13

London’s commercial property landlords lifted by Pfizer update

[nickrl] 09/11/2020 14:19

just extraordinary rise across all the heavyweights me thinks a few shorts now the way forward

[dplewis1] 09/11/2020 13:43

Wow.. are REITs meant to move like that?!

[philanderer] 05/11/2020 13:29

Derwent London commits to developing a major office scheme on Baker Street

[philanderer] 05/11/2020 12:35

Solid enough under the circumstances... will continue holding.

[philanderer] 04/11/2020 13:51

Q3 update tomorrow

[philanderer] 22/10/2020 13:29

“Brisk” pre-letting of London offices expected, analysts say

[philanderer] 21/10/2020 10:09

BOFA CUTS DERWENT LONDON PRICE TARGET TO 3,170 (3,470) PENCE - 'BUY'

[philanderer] 19/10/2020 13:46

Canny investors are betting the London office market isn't as dead as feared. Witness British Land, Land Securities and Great Portland Estates

[philanderer] 19/10/2020 13:44

From LAND update...

On the whole however, Landsec painted an optimistic picture about its retail assets, despite its regional shopping centres being among the worst-hit by the pandemic.

Landsec also was bullish about the "quality of the central London portfolio", which accounts for 64% of its property assets by value.

Alliance News

[philanderer] 16/10/2020 14:03

Oh well, at least my dividend got paid today ;-)

[philanderer] 13/10/2020 14:02

Central London office leasing deals have slumped, but viewings starting to pick up

[nickrl] 13/10/2020 11:46

philanderer I also like there rental table which sets the new gold standard on transparency and gives some insight into how this is an evolving situation.

So yes rent collection is improving on prior qtrs but interesting to see that amount being waived has increased in March and June qtr but countered by a diminishing level of outstanding rent so broadly a good position.

They also update on where they are on lease regears and are certainly moving forward but want to see a bit more evidence that they are retaining tenants at at least same rent so will hold off shorting them just yet and see what they say on Guy Fawkes day update.

[nickrl] 12/10/2020 13:47

philanderer this is comparable to BLND and LAND so would expect DLN to be at same level. The ones at much greater risk are SHB and CAPC with higher retail exposoure.

[philanderer] 12/10/2020 10:13

(Alliance News) - Great Portland Estates PLC on Monday said its near-term outlook remains uncertain as rent collections from the retail, hospitality & leisure sector remain weak.

The FTSE 250-listed property investment and development company said 65% of rent due by the end of September has been collected, or 73% including amounts covered by rent deposits.

With regards to rent for the quarter ended September 29, 71% has been collected, with 92% of monthly rent collected. This equals the 73% of total rent due for at the end of September.

Only 28% of retail, hospitality & leisure rent has been received, while 85% of rent has been collected in the company's other sectors.

For the months of March and June, 82% of rent has now been collected.

[nickrl] 08/10/2020 14:26

philanderer interesting article although timing of this is very circumspect at the moment but if you have break or an expiry coming up, as DLN do by the bucket load over next 18mths, the outcome is much less certain in the current environment hence my view this is where the risk lies with DLN.

May take a look at short again if it goes up any further

[philanderer] 08/10/2020 10:27

'Nearly 75% of City firms reviewing office space provision'

Rise in home working during the pandemic means many companies are assessing their needs