Derwent London Share Discussion Threads

[dplewis1] 20/9/2019 08:48

HSBC cuts to reduce from hold. PT 2608

[dplewis1] 18/9/2019 20:07

Nice day for Derwent today..!

[dplewis1] 11/9/2019 12:48

Ah that explains a few things. Lovely share this..just let it do its thing and collect the divi

[philanderer] 11/9/2019 12:42

xd tomorrow morning for the 21p dividend.

[philanderer] 29/8/2019 18:04

Property firms report improved London office sales outlook after tough first half HTTPS://www.standard.co.uk/business/property-firms-report-improved-london-office-sales-outlook-after-tough-first-half-a4223916.html

[philanderer] 13/8/2019 17:36

12th august Berenberg sell tp 2650p reiterates

[philanderer] 09/8/2019 00:32

Evening EI. Toss up between the two :-) Performance over 3 months, 6 months, YTD and 1 year almost match exactly. DLN edges it over 5 years. DLN dividend slightly better as well. ---------------------- Derwent London@derwentlondon · Derwent London Interim 2019 Results: Watch our CEO/CFO results video HTTPS://vimeo.com/352512520

[essentialinvestor] 08/8/2019 13:40

Hi Phil, you don't prefer GPOR?.

[philanderer] 08/8/2019 13:32

Market report: Savills slips as no-deal worries block house sales in London ....But property developer Derwent said once Brexit had cleared up, foreign investors would be back. It also added that the value of its portfolio had risen over the past six months and is raising its interim dividend by 9.9% to 21p per share from 19.1p in 2018. HTTPS://www.standard.co.uk/business/market-report-savills-slips-as-nodeal-worries-block-house-sales-in-london-a4208591.html

[philanderer] 08/8/2019 13:26

8th august Peel Hunt hold - 8th august Goldmans neutral -

[philanderer] 08/8/2019 10:04

Yes, no problem here.

[dplewis1] 08/8/2019 07:09

Look solid as usual

[philanderer] 07/8/2019 19:56

Interims tomorrow

[philanderer] 04/7/2019 21:23

80 Charlotte Street Development Update video: HTTPS://www.derwentlondon.com/media/film/80-charlotte-street-development-update

[philanderer] 03/7/2019 12:29

Derwent London is delighted to again be supporting a collaboration with Whitechapel Gallery in hosting Nocturnal Creatures event at The White Chapel Building HTTPS://www.derwentlondon.com/media/events/nocturnal-creatures-event-at-white-chapel-building

[philanderer] 01/7/2019 20:24

Firms make ‘green’ commitments at launch of London Climate Action Week Sportswear retailer JD Sports Fashion and property investor Derwent London have committed to source 100% renewable electricity by joining RE100 – the global corporate leadership initiative toward zero carbon grids, led by The Climate Group in partnership with CDP. HTTPS://www.fleetnews.co.uk/news/environment/2019/07/01/firms-make-green-commitments-at-launch-of-london-climate-action-week

[philanderer] 26/6/2019 09:03

'Derwent bullish over London office market' HTTPS://www.building.co.uk/news/derwent-bullish-over-london-office-market/5100209.article

[philanderer] 25/6/2019 11:11

Deutsche reiterates 'buy'

[dplewis1] 25/6/2019 09:04

Credit Suisse cuts TP to 3430 from 3510 neutral

[philanderer] 24/6/2019 10:07

24th june RBC 'underperform' tp 2800p up from 2500p

[philanderer] 20/6/2019 18:03

Skanska wins £56m Derwent London office job HTTP://www.constructionenquirer.com/2019/06/20/skanska-wins-56m-derwent-london-office-job/

[philanderer] 20/6/2019 17:55

Director sale of 25,000 shares @ £31.38p today.

[philanderer] 18/6/2019 18:15

Barclays has cut its recommendation on London Derwent, despite upping its price target, pointing to a number of factors undermining the capital's otherwise strong office market. The bank said that the London office market was performing well: “Tenant demand and investment volumes have performed strongly, defying expectations post the June 2016 European Union referendum.” But it added: “However, despite low vacancy levels, supply remaining controlled and the aforementioned strong take-up, rents have remained flat. Furthermore, yields remain at record low levels. “While we see no clear reasons for the market to change, and therefore we again become sequentially less bearish on the outlook for London offices, we continue to see balance of risks asymmetrically skewed to the downside.” Barclays believes Derwent's two new developments will add around £32m worth of rent, equivalent to 18% of the current rent roll, “which will continue to drive earnings growth, although disposals will offset part of his impact”. But it added: “Our earnings per share forecasts reduced by up to 20% due to lower like-for-like rental growth assumptions and lost rent on the assumed development pipeline. We forecast net asset value, EPRA EPS and DPS compound annual growth rate of 2.1%, 3.5% and 7.4% respectively. “Despite our NAV upgrades, which see our price target increase to 3,000p, the low TARs we forecast mean the strong total shareholder returns year-to-date of 14%, and relatively slim 17% discount to full-year NAV, in our view, do not warrant a higher rating compared to Great Portland and we downgraded to 'underweight'.” HTTPS://www.sharecast.com/news/broker-recommendations-/broker-tips-experian-london-derwent-intercontinental-hotels-acacia-mining--6730942.html

[philanderer] 18/6/2019 08:45

DOWNGRADE.. Barclays 'equal-weight' to 'underweight'..... tp 3000p up from 2900p

[philanderer] 06/6/2019 10:03

Good start .. dividend paid tomorrow :-)