# Derwent London Plc 13.1% potential upside indicated by Berenberg Bank

- Link: https://www.directorstalkinterviews.com/derwent-london-plc-13.1-potential-upside-indicated-by-berenberg-bank/4121138370
- Published: 2024-01-12T12:37:53+00:00
- Author: Charlotte Edwards

**Derwent London Plc** with ticker (LON:DLN) now has a potential upside of 13.1%
according to Berenberg Bank.
Berenberg Bank set a target price of 2,512 GBX for 
the company, which when compared to the Derwent London Plc share price of 2,222 
GBX at opening today (12/01/2024) indicates a potential upside of 13.1%. Trading
has ranged between 1,766 (52 week low) and 2,750 (52 week high) with an average 
of 178,139 shares exchanging hands daily. The market capitalisation at the time 
of writing is £2,474,891,436.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.

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