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TOC Property Backed Lending Trust ( (GB:DVNO) ) has shared an announcement.
Develop North PLC, an investment company listed on the London Stock Exchange, focuses on generating consistent income and medium to long-term total returns from a diversified portfolio concentrated in the North East of England. The firm combines the financial strength and governance of a listed entity with a local, flexible and relationship-driven approach, having invested nearly £90 million in projects across the North of England and Scotland since 2017.
The company has changed its registered office address, effective 21 March 2026, to The Key, Bath Lane, Newcastle Helix, Newcastle upon Tyne, NE4 5TQ. The move further anchors Develop North PLC within its core regional market, underlining its ongoing commitment to backing development and employment in the North of England and reinforcing its presence in the Newcastle area.
The most recent analyst rating on (GB:DVNO) stock is a Hold with a £85.00 price target. To see the full list of analyst forecasts on TOC Property Backed Lending Trust stock, see the GB:DVNO Stock Forecast page.
Spark’s Take on DVNO Stock
According to Spark, TipRanks’ AI Analyst, DVNO is a Neutral.
The score is primarily held back by weaker 2025 fundamentals (sharp net income decline, higher leverage, and free cash flow falling to zero) despite strong revenue growth. Offsetting this, the technical setup is moderately positive with price above key moving averages and positive MACD, and valuation is attractive with a low P/E and high dividend yield.
To see Spark’s full report on DVNO stock, click here.
More about TOC Property Backed Lending Trust
Develop North PLC is a London-listed investment company focused on delivering stable income and attractive total returns through a diversified portfolio of investments predominantly in the North East of England. Since its 2017 IPO, it has deployed almost £90 million across the North of England and Scotland, supporting an estimated 12,000 jobs and projects with a gross development value exceeding £280 million.
Average Trading Volume: 6,048
Technical Sentiment Signal: Strong Buy
For a thorough assessment of DVNO stock, go to TipRanks’ Stock Analysis page.