Derwent London stock slips as NAV falls 2.1 percent
Published on 09/04/2026 at 12:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSDerwent London stock (ISIN GB0002652740) is trading with a split message on September 4, 2026: a sector review says half year 2026 NAV per share fell 2.1 percent, while MarketBeat says the shares last traded at GBX 1,951 after touching GBX 1,978.
NAV and values
According to the sector review, Derwent London's underlying property valuation fell 1.3 percent in the half year to June 30, 2026, leaving the portfolio at about GBP 4.3 billion. The same review says the gap between a 2.1 percent NAV decline and the milder asset-value move points to pressure from net debt, development spending or derivatives.
That matters for investors because the company reported GBX (16.59) earnings per share for the quarter in the latest quarterly earnings release noted by MarketBeat, alongside a 1.35 percent return on equity and an 11.97 percent net margin.
Chart above average
MarketBeat also said the stock moved above its 200 day moving average of GBX 1,837.98 and last changed hands at GBX 1,951, with 289,701 shares traded. It added a market capitalization of GBP 2.16 billion, a P/E ratio of 13.59 and a consensus rating of Hold with an average target price of GBX 1,956.50.
Half year pressure and the office portfolio
Derwent London's central London office portfolio remains the key driver behind NAV moves, property values and the valuation gap.
Offices in central London
Derwent London is best known for office buildings in central London, especially in West End districts such as Fitzrovia, Soho and Marylebone. The portfolio focus matters because leasing progress and rent levels in those submarkets feed directly into future NAV development and valuation stability.
Stock and valuation
Derwent London stock was last quoted at GBX 1,951 on September 4, 2026, after trading as high as GBX 1,978. The shares also sit above the 200 day moving average of GBX 1,837.98, while the market cap stands at GBP 2.16 billion.
Derwent London at a glance
- Company: Derwent London plc
- ISIN: GB0002652740
- Ticker: DLN
- Trading venue: London Stock Exchange
- Price (as of September 4, 2026): GBX 1,951
- Market capitalization: GBP 2.16 billion
- Sector / Industry: Real Estate Investment Trusts, Offices
- Index membership: FTSE 250
