Derwent London Secures Long-Term Lease Extension with Burberry

Derwent London plc REIT ( (GB:DLN) ) has provided an announcement.

Derwent London has extended its lease with Burberry at Horseferry House SW1 until 2043, enhancing its income visibility and increasing earnings by approximately £0.9 million annually. This agreement underscores a strong relationship with Burberry, one of Derwent’s largest occupiers, and reflects Burberry’s long-term commitment to its global headquarters, contributing to Derwent’s robust regear and renewal activities totaling £19.2 million this year.

The most recent analyst rating on (GB:DLN) stock is a Buy with a £1845.00 price target. To see the full list of analyst forecasts on Derwent London plc REIT stock, see the GB:DLN Stock Forecast page.

Spark’s Take on GB:DLN Stock

According to Spark, TipRanks’ AI Analyst, GB:DLN is a Outperform.

Derwent London plc’s strong valuation and positive corporate events are the primary drivers of its score. Despite a bearish technical outlook, the company’s financial stability and strategic initiatives in the real estate market support a cautiously optimistic view.

To see Spark’s full report on GB:DLN stock, click here.

More about Derwent London plc REIT

Derwent London plc is the largest office-focused real estate investment trust (REIT) in London, owning a commercial real estate portfolio valued at £5.2 billion as of June 2025. The company specializes in acquiring, redeveloping, and managing properties in central London, particularly in the West End and City Borders. Known for its innovative and design-focused approach, Derwent London is committed to sustainability, aiming to become a net zero carbon business by 2030. The company is publicly listed on the London Stock Exchange.

Average Trading Volume: 283,055

Technical Sentiment Signal: Sell

Current Market Cap: £1.87B

For detailed information about DLN stock, go to TipRanks’ Stock Analysis page.