{"ticker": {"uuid": "296b08a0-6b91-415d-86e0-579d8abf0400", "symbol": "DLN", "name": "Derwent London Plc", "exchange": "LSE", "asset_type": "equity"}, "latest_week": "2026-06-12", "summary": "DLN closed the latest completed week at 1,881 GBP. The 4-week return is 12.5% and the 12-week return is 21.7%. Trend Signal is inactive, Market Dynamics is 0.39.", "description": "Derwent London Plc owns a commercial real estate portfolio predominantly in central London valued at 5.1 billion pounds as of 31 December 2025. It is the largest London office-focused real estate investment trust (REIT). Our experienced team has a long track record of creating value throughout the property cycle by regenerating our buildings via redevelopment or refurbishment, effective asset management and capital recycling. We typically acquire central London properties off market with low capital values and modest rents in improving locations, most of which are either in the West End or City Borders. We capitalize on the unique qualities of each of our properties - taking a fresh approach to the regeneration of every building with a focus on anticipating tenant requirements and an emphasis on design. Reflecting and supporting our long-term success, the business has a strong balance sheet with modest leverage, a robust income stream and flexible financing. We are frequently recognized in industry awards for the quality, design and innovation of our projects. Landmark buildings in our 5.3 million sq ft portfolio include 25 Baker Street W1, 1 Soho Place W1, 80 Charlotte Street W1, Brunel Building W2, White Collar Factory EC1, Angel Building EC1 and Tea Building E1. As part of our commitment to lead the industry in mitigating climate change, Derwent London has committed to becoming a net zero carbon business by 2030, with its updated pathway published in 2025. Our science-based carbon targets have been validated by the Science Based Targets initiative (SBTi). In 2013, we launched a voluntary Community Fund which to date has supported 200 community projects in central London. The Company is a public limited company, which is listed on the London Stock Exchange and incorporated and domiciled in the UK. The address of its registered office is 25 Savile Row, London, W1S 2ER. Derwent London Plc was established on April 25, 1984, and is incorporated in United Kingdom.", "setup_signature": "Balanced read", "composite_score": "58", "kpis": [{"label": "Latest Close", "value": "1,881 GBP", "hint": "2026-06-12"}, {"label": "1W Return", "value": "6.6%", "tone": "positive", "hint": "latest completed week"}, {"label": "4W Return", "value": "12.5%", "tone": "positive", "hint": "short-term follow-through"}, {"label": "12W Return", "value": "21.7%", "tone": "positive", "hint": "quarterly tape"}, {"label": "Trend Breadth", "value": "21.2%", "hint": "11 of 52 weeks active"}, {"label": "Volume Ratio", "value": "0.6x", "hint": "vs 13-week average"}], "classification": {"exchange": "LSE", "country": "GB", "sector": "Real Estate", "industry": "Reit - Office", "currency": "GBP", "market_cap": "2.0B"}, "price": {"trend_line": "1,739 GBP", "fair_value": "1,980 GBP", "vs_trend": "8.2%", "vs_fair_value": "-5.0%", "high_52": "2,105 GBP", "low_52": "1,469 GBP", "drawdown": "-10.6%", "range_position": "64.8%"}, "momentum": {"returns": [{"label": "1W", "value": 6.572237960339944, "value_label": "6.6%", "tone": "positive", "width": 18.777822743828413}, {"label": "4W", "value": 12.5, "value_label": "12.5%", "tone": "positive", "width": 35.714285714285715}, {"label": "12W", "value": 21.70696420377479, "value_label": "21.7%", "tone": "positive", "width": 62.01989772507083}, {"label": "26W", "value": 14.661162810562189, "value_label": "14.7%", "tone": "positive", "width": 41.88903660160626}, {"label": "52W", "value": -4.570175830272916, "value_label": "-4.6%", "tone": "negative", "width": 13.05764522935119}], "trend_streak": 0, "active_weeks": 11, "active_breadth": "21.2%", "peer": {"scope": "GB Real Estate", "count": 53, "rank": 6, "percentile": 90.38461538461539, "avg_weekly_return": 2.161872302320089}}, "setup": {"scores": [{"label": "Trend", "value": 11.634615384615385, "value_label": "12", "width": 11.634615384615385, "tone": "negative", "description": "Persistence of active Trend Signal over the last year and current streak."}, {"label": "Momentum", "value": 98.2862677833973, "value_label": "98", "width": 98.2862677833973, "tone": "positive", "description": "Blend of 4-week and 12-week follow-through."}, {"label": "Dynamics", "value": 100, "value_label": "100", "width": 100, "tone": "positive", "description": "Latest Market Dynamics and whether pressure has improved over four weeks."}, {"label": "Relative Strength", "value": 54.02029964810191, "value_label": "54", "width": 54.02029964810191, "tone": "neutral", "description": "Relative leadership and short-term RS change."}, {"label": "Volume", "value": 24.872336051480957, "value_label": "25", "width": 24.872336051480957, "tone": "negative", "description": "Participation compared with the 13-week volume baseline."}, {"label": "Risk Control", "value": 59.394080118481284, "value_label": "59", "width": 59.394080118481284, "tone": "neutral", "description": "Drawdown and recent weekly volatility pressure."}], "timeline": [{"week": "27 Feb", "return": 1.2841991032878244, "return_label": "1.3%", "tone": "positive", "trend": true, "buy_signal": false, "positive_md": true, "height": 10.701659194065204}, {"week": "6 Mar", "return": -3.583240630770131, "return_label": "-3.6%", "tone": "negative", "trend": true, "buy_signal": false, "positive_md": true, "height": 29.860338589751095}, {"week": "13 Mar", "return": -5.260149895435733, "return_label": "-5.3%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 43.83458246196444}, {"week": "20 Mar", "return": -6.698853124527737, "return_label": "-6.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 55.82377603773114}, {"week": "27 Mar", "return": -2.0051793035944803, "return_label": "-2.0%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 16.709827529954}, {"week": "3 Apr", "return": 5.61056310120849, "return_label": "5.6%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 46.75469251007075}, {"week": "10 Apr", "return": 2.875000820178931, "return_label": "2.9%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 23.958340168157758}, {"week": "17 Apr", "return": 8.383963382020612, "return_label": "8.4%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 69.86636151683844}, {"week": "24 Apr", "return": -1.7068643930261116, "return_label": "-1.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 14.223869941884262}, {"week": "1 May", "return": -1.8824871648602397, "return_label": "-1.9%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 15.687393040501998}, {"week": "8 May", "return": 2.0348837209302326, "return_label": "2.0%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": false, "height": 16.95736434108527}, {"week": "15 May", "return": -4.72934472934473, "return_label": "-4.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": false, "height": 39.41120607787275}, {"week": "22 May", "return": 2.930622009569378, "return_label": "2.9%", "tone": "positive", "trend": false, "buy_signal": true, "positive_md": true, "height": 24.421850079744814}, {"week": "29 May", "return": 3.3120278907611858, "return_label": "3.3%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 27.600232423009878}, {"week": "5 Jun", "return": -0.7311586051743533, "return_label": "-0.7%", "tone": "negative", "trend": false, "buy_signal": false, "positive_md": true, "height": 6.0929883764529436}, {"week": "12 Jun", "return": 6.572237960339944, "return_label": "6.6%", "tone": "positive", "trend": false, "buy_signal": false, "positive_md": true, "height": 54.76864966949954}]}, "groups": {"sector": {"scope": "GB Real Estate", "count": 53, "avg_weekly_return": 2.161872302320089, "avg_four_week_return": 2.501439310804708, "avg_twelve_week_return": 2.162919711044279, "trend_breadth": 15.09433962264151, "positive_md_breadth": 41.509433962264154, "positive_rs_breadth": 15.09433962264151, "week_rank": 6, "four_week_rank": 4, "twelve_week_rank": 3, "top_peers": [{"id": 30651, "symbol": "RGG", "name": "RENTGUARANTOR HOLDINGS PLC ORD", "exchange": "LSE", "url": "/terminal/1ce5f650-0985-4f66-8720-7f4bb6de1ea9/report/", "weekly_return": 10.0, "weekly_return_label": "10.0%", "weekly_return_tone": "positive", "four_week_return": 43.47826086956522, "four_week_return_label": "43.5%", "four_week_return_tone": "positive", "twelve_week_return": 46.666666666666664, "twelve_week_return_label": "46.7%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 29677, "symbol": "LAND", "name": "Land Securities Group Plc", "exchange": "LSE", "url": "/terminal/e913055d-84c2-4a9e-926c-ef13e51043e7/report/", "weekly_return": 4.701195219123506, "weekly_return_label": "4.7%", "weekly_return_tone": "positive", "four_week_return": 13.373597929249353, "four_week_return_label": "13.4%", "four_week_return_tone": "positive", "twelve_week_return": 18.806509945750452, "twelve_week_return_label": "18.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true}, {"id": 26902, "symbol": "BLND", "name": "British Land Company PLC", "exchange": "LSE", "url": "/terminal/25c33cad-2826-4be0-8bc2-f059714cfb0e/report/", "weekly_return": 4.761904761904762, "weekly_return_label": "4.8%", "weekly_return_tone": "positive", "four_week_return": 13.279132791327914, "four_week_return_label": "13.3%", "four_week_return_tone": "positive", "twelve_week_return": 18.480729653539562, "twelve_week_return_label": "18.5%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": true}, {"id": 27654, "symbol": "DLN", "name": "Derwent London Plc", "exchange": "LSE", "url": "/terminal/296b08a0-6b91-415d-86e0-579d8abf0400/report/", "weekly_return": 6.572237960339944, "weekly_return_label": "6.6%", "weekly_return_tone": "positive", "four_week_return": 12.5, "four_week_return_label": "12.5%", "four_week_return_tone": "positive", "twelve_week_return": 21.70696420377479, "twelve_week_return_label": "21.7%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 28532, "symbol": "GRI", "name": "Grainger plc", "exchange": "LSE", "url": "/terminal/59bb1c91-7766-4817-96e1-76e3a882b014/report/", "weekly_return": 11.037238472230264, "weekly_return_label": "11.0%", "weekly_return_tone": "positive", "four_week_return": 10.397541945182487, "four_week_return_label": "10.4%", "four_week_return_tone": "positive", "twelve_week_return": 1.7244102743554897, "twelve_week_return_label": "1.7%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": false, "positive_rs": false}]}, "industry": {"scope": "GB Reit - Office", "count": 5, "avg_weekly_return": 4.34861991598409, "avg_four_week_return": 6.689532520519511, "avg_twelve_week_return": 5.8208888851117155, "trend_breadth": 0.0, "positive_md_breadth": 40.0, "positive_rs_breadth": 0.0, "week_rank": 2, "four_week_rank": 1, "twelve_week_rank": 1, "top_peers": [{"id": 27654, "symbol": "DLN", "name": "Derwent London Plc", "exchange": "LSE", "url": "/terminal/296b08a0-6b91-415d-86e0-579d8abf0400/report/", "weekly_return": 6.572237960339944, "weekly_return_label": "6.6%", "weekly_return_tone": "positive", "four_week_return": 12.5, "four_week_return_label": "12.5%", "four_week_return_tone": "positive", "twelve_week_return": 21.70696420377479, "twelve_week_return_label": "21.7%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": true, "positive_rs": false}, {"id": 28512, "symbol": "GPE", "name": "Great Portland Estates Plc", "exchange": "LSE", "url": "/terminal/bf3373e8-52c8-4cf7-846e-b1f40f19ea83/report/", "weekly_return": 6.591957941831733, "weekly_return_label": "6.6%", "weekly_return_tone": "positive", "four_week_return": 8.396762283170899, "four_week_return_label": "8.4%", "four_week_return_tone": "positive", "twelve_week_return": 10.753422602739724, "twelve_week_return_label": "10.8%", "twelve_week_return_tone": "positive", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 32087, "symbol": "WKP", "name": "Workspace Group Plc", "exchange": "LSE", "url": "/terminal/7a4fa492-555e-4b38-afac-455a476b70a7/report/", "weekly_return": 2.5059647074236953, "weekly_return_label": "2.5%", "weekly_return_tone": "positive", "four_week_return": 7.57671022373282, "four_week_return_label": "7.6%", "four_week_return_tone": "positive", "twelve_week_return": -1.9686145506419381, "twelve_week_return_label": "-2.0%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 27256, "symbol": "CLI", "name": "CLS Holdings plc", "exchange": "LSE", "url": "/terminal/9dee3253-ff86-427a-8f5d-2201bd54dab3/report/", "weekly_return": 4.623660215053764, "weekly_return_label": "4.6%", "weekly_return_tone": "positive", "four_week_return": 3.9529979477136337, "four_week_return_label": "4.0%", "four_week_return_tone": "positive", "twelve_week_return": -0.8628437193577745, "twelve_week_return_label": "-0.9%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": false, "positive_rs": false}, {"id": 30653, "symbol": "RGL", "name": "Regional REIT Limited", "exchange": "LSE", "url": "/terminal/1b865143-bb58-4811-ac5f-695e1169e7e3/report/", "weekly_return": 1.4492787552713116, "weekly_return_label": "1.4%", "weekly_return_tone": "positive", "four_week_return": 1.0211921479802015, "four_week_return_label": "1.0%", "four_week_return_tone": "positive", "twelve_week_return": -0.52448411095622, "twelve_week_return_label": "-0.5%", "twelve_week_return_tone": "negative", "trend_active": false, "positive_md": true, "positive_rs": false}]}}, "dynamics": {"market_dynamics": "0.39", "market_dynamics_tone": "positive", "md_4_change": "822.7%", "relative_strength": "-1.08", "rs_4_change": "90.7%", "expectation": "Undecided", "expectation_probability": "47.61%"}, "volume": {"latest": "1.4M", "average_13": "2.3M", "average_52": "1.7M", "ratio_13": "0.6x", "ratio_52": "0.8x"}, "risk": {"volatility_13": "4.3%", "volatility_52": "3.7%", "downside_weeks": 25, "upside_weeks": 27, "downside_breadth": "48.1%", "average_gain": "2.9%", "average_loss": "-3.2%"}, "signals": [{"label": "Trend Signal", "value": "Inactive", "tone": "negative"}, {"label": "Market Dynamics", "value": "No fresh buy", "tone": "neutral"}, {"label": "Price vs Trend", "value": "8.2%", "tone": "positive"}, {"label": "Volume", "value": "0.6x", "tone": "neutral"}], "opportunities": ["Price is above the Trend Line, keeping the weekly tape constructive.", "Market Dynamics is positive on the latest completed week.", "Latest weekly return ranks in the strongest part of its sector group."], "risks": ["Trend Signal is inactive, so price action has not confirmed a constructive regime.", "Price is below Fair Value, so the market is still discounting the latest tape."], "watch_points": ["Trend Line remains the key weekly regime level.", "Market Dynamics is the pressure gauge to monitor for confirmation or fade.", "A volume ratio above 1.5x would show stronger participation in the next move."], "recent_rows": [{"week": "2026-06-12", "close": "1,881 GBP", "weekly_return": 6.572237960339944, "weekly_return_label": "6.6%", "weekly_return_tone": "positive", "trend_line": "1,739 GBP", "fair_value": "1,980 GBP", "market_dynamics": "0.39", "relative_strength": "-1.08", "volume": "1.4M", "trend_signal": "Off"}, {"week": "2026-06-05", "close": "1,765 GBP", "weekly_return": -0.7311586051743533, "weekly_return_label": "-0.7%", "weekly_return_tone": "negative", "trend_line": "1,734 GBP", "fair_value": "1,982 GBP", "market_dynamics": "0.17", "relative_strength": "-6.68", "volume": "1.4M", "trend_signal": "Off"}, {"week": "2026-05-29", "close": "1,778 GBP", "weekly_return": 3.3120278907611858, "weekly_return_label": "3.3%", "weekly_return_tone": "positive", "trend_line": "1,734 GBP", "fair_value": "1,984 GBP", "market_dynamics": "0.17", "relative_strength": "-6.85", "volume": "1.3M", "trend_signal": "Off"}, {"week": "2026-05-22", "close": "1,721 GBP", "weekly_return": 2.930622009569378, "weekly_return_label": "2.9%", "weekly_return_tone": "positive", "trend_line": "1,733 GBP", "fair_value": "1,987 GBP", "market_dynamics": "0.01", "relative_strength": "-10.83", "volume": "3.1M", "trend_signal": "Off"}, {"week": "2026-05-15", "close": "1,672 GBP", "weekly_return": -4.72934472934473, "weekly_return_label": "-4.7%", "weekly_return_tone": "negative", "trend_line": "1,737 GBP", "fair_value": "1,990 GBP", "market_dynamics": "-0.05", "relative_strength": "-11.56", "volume": "3.6M", "trend_signal": "Off"}, {"week": "2026-05-08", "close": "1,755 GBP", "weekly_return": 2.0348837209302326, "weekly_return_label": "2.0%", "weekly_return_tone": "positive", "trend_line": "1,741 GBP", "fair_value": "1,993 GBP", "market_dynamics": "-0.13", "relative_strength": "-8.10", "volume": "4.1M", "trend_signal": "Off"}, {"week": "2026-05-01", "close": "1,720 GBP", "weekly_return": -1.8824871648602397, "weekly_return_label": "-1.9%", "weekly_return_tone": "negative", "trend_line": "1,739 GBP", "fair_value": "1,996 GBP", "market_dynamics": "-0.45", "relative_strength": "-11.63", "volume": "2.0M", "trend_signal": "Off"}, {"week": "2026-04-24", "close": "1,753 GBP", "weekly_return": -1.7068643930261116, "weekly_return_label": "-1.7%", "weekly_return_tone": "negative", "trend_line": "1,740 GBP", "fair_value": "2,000 GBP", "market_dynamics": "-0.51", "relative_strength": "-10.69", "volume": "3.1M", "trend_signal": "Off"}, {"week": "2026-04-17", "close": "1,783 GBP", "weekly_return": 8.383963382020612, "weekly_return_label": "8.4%", "weekly_return_tone": "positive", "trend_line": "1,739 GBP", "fair_value": "2,004 GBP", "market_dynamics": "-0.76", "relative_strength": "-12.08", "volume": "1.9M", "trend_signal": "Off"}, {"week": "2026-04-10", "close": "1,645 GBP", "weekly_return": 2.875000820178931, "weekly_return_label": "2.9%", "weekly_return_tone": "positive", "trend_line": "1,735 GBP", "fair_value": "2,008 GBP", "market_dynamics": "-0.86", "relative_strength": "-18.94", "volume": "887.9K", "trend_signal": "Off"}, {"week": "2026-04-03", "close": "1,599 GBP", "weekly_return": 5.61056310120849, "weekly_return_label": "5.6%", "weekly_return_tone": "positive", "trend_line": "1,734 GBP", "fair_value": "2,013 GBP", "market_dynamics": "-0.65", "relative_strength": "-20.53", "volume": "2.2M", "trend_signal": "Off"}, {"week": "2026-03-27", "close": "1,515 GBP", "weekly_return": -2.0051793035944803, "weekly_return_label": "-2.0%", "weekly_return_tone": "negative", "trend_line": "1,737 GBP", "fair_value": "2,018 GBP", "market_dynamics": "-0.34", "relative_strength": "-21.79", "volume": "2.5M", "trend_signal": "Off"}, {"week": "2026-03-20", "close": "1,546 GBP", "weekly_return": -6.698853124527737, "weekly_return_label": "-6.7%", "weekly_return_tone": "negative", "trend_line": "1,743 GBP", "fair_value": "2,023 GBP", "market_dynamics": "0.24", "relative_strength": "-20.29", "volume": "2.5M", "trend_signal": "Off"}, {"week": "2026-03-13", "close": "1,656 GBP", "weekly_return": -5.260149895435733, "weekly_return_label": "-5.3%", "weekly_return_tone": "negative", "trend_line": "1,750 GBP", "fair_value": "2,027 GBP", "market_dynamics": "0.56", "relative_strength": "-17.88", "volume": "2.5M", "trend_signal": "Off"}], "chart_url": "/terminal/296b08a0-6b91-415d-86e0-579d8abf0400/", "api_path": "/terminal/296b08a0-6b91-415d-86e0-579d8abf0400/report/api/"}