Derwent London Secures Planning for Brixton Hotel Development

Derwent London plc REIT ( (GB:DLN) ) just unveiled an announcement.

Derwent London has received planning permission for a hotel-led development at Blue Star House in Brixton, marking a significant step in its strategy to enhance portfolio value. The project, designed by GRID Architects, will include a 341-room hotel, office/commercial space, and public realm improvements, aligning with the company’s sustainable approach. This development is expected to support local regeneration, with construction set to begin in mid-2027 and completion anticipated by late 2029.

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 a leading real estate investment trust (REIT) focused on commercial properties primarily in central London, with a portfolio valued at £5.2 billion as of June 2025. The company specializes in regenerating buildings through redevelopment or refurbishment, effective asset management, and capital recycling, often acquiring properties with low capital values and modest rents in improving locations. Derwent London is committed to sustainability, aiming to become a net zero carbon business by 2030, and is recognized for its innovative and design-focused projects.

Average Trading Volume: 270,579

Technical Sentiment Signal: Sell

Current Market Cap: £1.84B

See more insights into DLN stock on TipRanks’ Stock Analysis page.