Summary
US real estate investment trust (Reit) specialist Cohen & Steers has pared its investment in office manager Derwent London.
C& S cut its stake from 5.99% to 4.93% of issued shares, or 4,970,225 valued at just over [pounds]52 million. The shares are held in the fund manager's European portfolio, which uses a relative valuation process to seek out potential capital and income growth opportunities.See the full content of this document
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Derwent's market cap has col...
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