Derwent London Plc interim dividend has been increased by 2.0% to 25.5p per share from 25.0p in 2024 and remains well covered by EPRA earnings. It will be paid as a PID on 10 October 2025 to shareholders on the register as at 5 September 2025.
Other financial highlights include:
£13.8m of leasing, renewals and regears YTD; open-market leasing transactions 10.5% above ERV
EPRA vacancy rate low at 3.7% (Dec 2024: 3.1%)
Underlying capital growth of 1.2% (H1 2024: -1.7%; FY 2024: +0.2%)
ERV growth of 2.0% (H1 2024: 2.0%; FY 2024: 4.3%)
Equivalent yield 5.69% (Dec 2024: 5.73%)
Significant refinancing activity in YTD
