Stock Market News
Derwent London signs £2.4m of new lettings in Q1
Property company Derwent London said it had signed £2.4m of new lettings in the first quarter, up 4.9% on December estimated values.
In an update released on Thursday, the company said occupier interest remained "good" with 164,500 sq ft of lettings signed or under offer.
It added that a further 113,000 sq ft was under offer for around £7.2m of rents.
Derwent said two developments under construction totalling 623,000 sq ft were 45% pre-let.
The loan-to-value ratio was 13.2% at 31 March 2018, with cash and undrawn facilities of £514m, Derwent added.
Chief executive John Burns said occupier interest remained encouraging and the firm had "a significant amount of space under offer".
In an update released on Thursday, the company said occupier interest remained "good" with 164,500 sq ft of lettings signed or under offer.
It added that a further 113,000 sq ft was under offer for around £7.2m of rents.
Derwent said two developments under construction totalling 623,000 sq ft were 45% pre-let.
The loan-to-value ratio was 13.2% at 31 March 2018, with cash and undrawn facilities of £514m, Derwent added.
Chief executive John Burns said occupier interest remained encouraging and the firm had "a significant amount of space under offer".
Related share prices |
---|
Derwent London (DLN) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price