Company Derwent London Plc

Equities

DLN

GB0002652740

Commercial REITs

Market Closed - London S.E. 11:35:27 2024-04-24 am EDT 5-day change 1st Jan Change
2,030 GBX -2.40% Intraday chart for Derwent London Plc +2.47% -13.98%

Business Summary

Derwent London Plc is a United Kingdom-based real estate investment trust (REIT). The Company is an office specialist property regenerator and investor. The Company owns and manages an investment portfolio of 5.5 million square feet, of which 99% is located in central London, with a specific focus on the West End and the areas bordering the City of London, with the latter principally in the Tech Belt. Its properties are located in London (West End central, West End borders/other and City borders), with the remainder in Scotland (Provincial). Its portfolio includes 80 Charlotte Street, The Featherstone Building, Soho Place, Brunel Building, 25 Baker Street, White Collar Factory, Network, Tea Building, The White Chapel Building, Greencoat and Gordon House, Middlesex House, 25 Savile Row, Rathbone Studios, Turnmill, Morelands, Angel Building, Horseferry House and others. Its subsidiaries include Asta Commercial Limited, BBR (Commercial) Limited, Caledonian Properties Limited and others.

Number of employees: 199

Sales per Business

GBP in Million2022Weight2023Weight Delta
Office Buildings
95.9 %
202 95.9 % 206 95.9 % +2.18%
Other
3.1 %
7 3.1 % 7 3.1 % +1.52%
Share of Joint Venture
1.0 %
2 1.0 % 2 1.0 % +4.76%

Sales per region

GBP in Million2022Weight2023Weight Delta
United Kingdom
100.0 %
211 100.0 % 215 100.0 % +2.19%

Managers

Managers TitleAgeSince
Chief Executive Officer 64 86-12-31
Director of Finance/CFO 62 10-01-31
Chief Tech/Sci/R&D Officer - -
Chief Investment Officer - -
Chief Investment Officer - 06-12-31
Investor Relations Contact - -
Comptroller/Controller/Auditor - 07-12-31
Comptroller/Controller/Auditor - 12-03-31
Sales & Marketing - 02-12-31
Corporate Officer/Principal - 10-12-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 64 86-12-31
Director/Board Member 61 87-12-31
Director of Finance/CFO 62 10-01-31
Director/Board Member 65 17-12-31
Director/Board Member 65 15-08-31
Director/Board Member 53 15-05-17
Director/Board Member 59 18-12-31
Director/Board Member - 21-09-30
Director/Board Member 44 09-12-31
Chairman - 21-01-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 112,290,929 103,241,151 ( 91.94 %) 0 91.94 %

Shareholders

NameEquities%Valuation
Norges Bank Investment Management
8.900 %
9,993,893 8.900 % 274 M p
BlackRock Investment Management (UK) Ltd.
5.400 %
6,063,710 5.400 % 166 M p
APG Asset Management NV
5.100 %
5,726,837 5.100 % 157 M p
Resolution Capital Ltd.
4.990 %
5,603,296 4.990 % 153 M p
Threadneedle Asset Management Ltd.
4.488 %
5,039,703 4.488 % 138 M p
The Vanguard Group, Inc.
3.744 %
4,204,356 3.744 % 115 M p
Jane Rayne
3.600 %
4,042,473 3.600 % 111 M p
Rathbones Investment Management Ltd.
3.129 %
3,514,000 3.129 % 96 M p
Canada Pension Plan Investment Board
3.100 %
3,481,019 3.100 % 95 M p
Legal & General Investment Management Ltd.
2.794 %
3,137,277 2.794 % 86 M p

Company contact information

Derwent London Plc

25 Savile Row

W1S 2ER, London

+44 20 7659 3000

http://www.derwentlondon.com
address Derwent London Plc(DLN)

Group companies

NameCategory and Sector
Financial Conglomerates
Real Estate Development
Financial Conglomerates
Dorrington Derwent Investment Ltd.

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
20.3 GBP
Average target price
23.76 GBP
Spread / Average Target
+17.06%
Consensus

Annual profits - Rate of surprise

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