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Derwent London Reaffirms 2025 ERV Growth Guidance

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Derwent London PLC (DLN.L) on Thursday reaffirmed its 2025 estimated rental value (ERV) growth guidance of 3-6%, projecting stronger performance from its higher-quality buildings.

The property developer reported positive occupational activity, with open market leases signed 10% ahead of ERV and £17.5 million of new rent completed year-to-date, including renewals and regears. The EPRA vacancy rate remained low at 3.7%.

Derwent said it remains focused on active capital recycling, having completed £200 million of disposals year-to-date with a further £14 million contracted.

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