Derwent London PLC (LSE:DLN)

£ 19.91 -0.02 (-0.1%) Market Cap: 2.24 Bil Enterprise Value: 3.61 Bil PE Ratio: 0 PB Ratio: 0.65 GF Score: 64/100

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£19.17 (+0.10%)

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Nov 02, 2023
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Aug 10, 2023

£21.12 (-2.31%)

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£26.14 (+0.85%)

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Nov 03, 2022
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£26.98 (-2.25%)

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May 05, 2022
Full Year 2021 Derwent London PLC Earnings Call Transcript
Feb 24, 2022

£30.6 (-2.08%)

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Nov 04, 2021
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Sep 28, 2021
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Aug 10, 2021

£37.72 (+1.64%)

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May 06, 2021
Full Year 2020 Derwent London PLC Earnings Call Transcript
Mar 11, 2021

£33.16 (+0.18%)

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Q3 2020 Derwent London PLC Business Update Call Transcript
Nov 05, 2020
Half Year 2020 Derwent London PLC Earnings Call Transcript
Aug 11, 2020

£29.24 (-1.35%)

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Full Year 2019 Derwent London PLC Earnings Call Transcript
Feb 25, 2020

£42.62 (+0.90%)

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Q3 2019 Derwent London PLC Business Update Call Transcript
Nov 07, 2019
Half Year 2019 Derwent London PLC Earnings Call Transcript
Aug 08, 2019

£29.1 (+0.69%)

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May 09, 2019

Half Year 2023 Derwent London PLC Earnings Call Transcript

Aug 10, 2023 / 08:30AM GMT

Release Date Price: £21.12 (-2.31%)

Transcript

Paul Malcolm Williams

Derwent London Plc - CEO & Director

I think we're all here. Good morning, and welcome to the Derwent London 2023 Interim Results presentation. Probably also could say welcome to this summer, at last. Today, you will hear from Damian, Nigel, Emily and me. I shall then wrap up with Q&A.

Now turning to Slide 2 and the overview. Today, we've announced further letting progress at 25 Baker Street and Featherstone. We're seeing good demand for our distinctive branded space and pre-letting continues. London is a great city, and I'm sure you've all seen how busy it is, the breadth and depth of its appeal and shortage stands apart from other cities around the world. London, particularly the West End faced an increasing shortfall of high-quality offices, businesses are fully engaged with their occupational strategies.

We delivered near record leasing activity in H1, having pre-let half of our major on-site development of 25 Baker Street to PIMCO in February. Moelis has now taken 2 floors. The commercial space is 76% pre-let, all presold, some 18 months ahead of

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