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Derwent London PLC (DVK.SG)

Stuttgart - Stuttgart Delayed Price. Currency in EUR

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25.40

+1.00

(+4.10%)

As of 03:52PM CEST. Market open.

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The Telegraph
This property stock has been pummelled by working from home and high rates – but we’re hanging on
The highest income from new lettings since 2019, a drop in the vacancy rate, another increase in the dividend and an upgrade to 2024’s rental income guidance from management all read well but shares in Derwent London just do not seem interested.
The Telegraph
The darkest hour usually comes before the dawn and it looks very dark for this stock right now
There can be no denying that this column has made a bit of a hash of its position in Derwent London, not least because we failed to lock in a profit when the property company’s shares briefly traded at a premium to net asset value in early 2020.