News: Derwent London Plc (DLN.L)

DLN.L on London Stock Exchange

1,281.00GBp
11:35am EST
Price Change (% chg)

-28.00p (-2.14%)
Prev Close
1,309.00p
Open
1,299.00p
Day's High
1,309.00p
Day's Low
1,281.00p
Volume
165,139
Avg. Vol
268,303
52-wk High
1,418.00p
52-wk Low
445.50p

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Thu, Nov 19 2009

Derwent London plots new office developments

LONDON (Reuters) - Developer Derwent London said on Thursday it is targeting to deliver new office projects from late 2011, backed by improving sentiments and expectations of rising rents in the Central London market.

UPDATE 2-Derwent London plots new office developments

* Completed 190 mln stg disposals year to date after costs * Shares down 2 percent

UK Stocks -- Factors to watch on Nov 19

LONDON, Nov 19 (Reuters) - Britain's FTSE 100 is seen opening flat to 5 points lower on Thursday, or down as much as 0.1 percent, as investors are expected to stay cautious following weakness on Wall Street overnight and falls in Asian stocks.

STOCKS NEWS EUROPE-Gt Portland buoyed by JPMorgan upgrade

Shares in Great Portland Estates take on 3.8 percent, topping the FTSE 250 leaders board after JPMorgan upgrades its rating to "buy" from "neutral" citing valuation grounds, with its target price held at 275 pence.

STOCKS NEWS EUROPE-Gulf Keystone down on MOL comment

Shares in Gulf Keystone Petroleum fall more than 20 percent following Tuesday's rally to an all-time high after its partner, Hungarian oil and gas firm MOL , says caution is needed in estimating oil reserves at an Iraqi exploration well. [ID:nLL78840]

STOCKS NEWS EUROPE-Hammerson, property up on BofA ML note

Hammerson leads large-cap UK property stocks higher after BofA Merrill Lynch upgrades the stock to "buy" from "neutral" in a bullish note which boosts sentiment on the sector. "We are turning increasingly positive on London offices, as a geared play on capital markets staying strong, envisaging supply shortages and a return to development in 2010," the broker says in a note.

STOCKS NEWS EUROPE-CS downgrade weighs on UK real estate

Shares in UK real estate firms fall as strategists at Credit Suisse downgrade their view of the sector to "benchmark" from "overweight".

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