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Derwent flags further decline in rental values

It follows subdued lettings activity in the London office market in 2020
Derwent flags further decline in rental values
  • Rental values expected to decline by up to 5 per cent this year
  • Dividend raised by 3 per cent despite rental income falling due to impairments

Derwent London (DLN) expects further weakening in estimated rental values (ERV) this year after broader uncertainty led to tepid demand among occupiers in 2020. 

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