Feb 25, 2020 / 10:00AM GMT
Paul Malcolm Williams - Derwent London Plc - CEO & Director
Good morning, everyone. Sorry for the slight delay. Obviously, a lot of people getting through. Thank you for joining our 2019 results presentation today, either in person or on the webcast. I know you've had a busy day with other REITs reporting so I'll get straight to proceedings. We'll follow our usual format with presentations from Damian, Nigel, David and Simon, and then I'll open up for questions. There are other members of the Derwent team here today, so please feel free to ask them questions, too.
Slide 2. 2019, another very successful year. Damian will talk you through our financial performance in detail, but I'm pleased to report a total return of 6.6% for 2019, another 10% rise in the dividend and NAV growth of 4.8%. Now there was improved sentiment across the Central London office market and we had a strong operating performance. We achieved GBP 34 million of new lettings, nearly 7% above ERV. We have 3 major developments on-site totaling 790,000 square feet, of which 72% is pre-let. And we announced today our route map to
Full Year 2019 Derwent London PLC Earnings Call Transcript
Mar 03, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers