Higher interest rates see Landsec swing into the red
16th May 2023 09:49
(Sharecast News) - Land Securities said on Tuesday that it swung to an annual loss after higher interest rates and the weaker economic backdrop hit the value of its properties.
Read moreLand Securities builds on 'strong operational and strategic momentum'
28th Mar 2023 09:19
(Sharecast News) - Commercial property developer Land Securities said on Tuesday that it has continued to build on "strong operational and strategic momentum" since its interim results.
Read moreLandsec sells London building to HK property developer for £349.5m
27th Jan 2023 12:06
(Sharecast News) - Landsec said on Friday that it has sold One New Street Square, EC4, to Hong Kong-based property developer Chinachem Group for £349.5m.
Read moreLandsec names Ian Cheshire chair
20th Jan 2023 08:56
(Sharecast News) - City veteran Ian Cheshire has been named chair designate of Land Securities Group.
Read moreLand Securities swings to first-half loss
15th Nov 2022 07:31
(Sharecast News) - Land Securities said on Tuesday that it swung to a first-half loss, with growth in earnings offset by market yield shift.
Read moreHSBC says London property stocks will rebound alongside pound
24th Oct 2022 12:30
(Sharecast News) - London property stocks were likely to rebound alongside a strengthening pound, analysts at HSBC predicted.
Read moreLand Securities issues update on Central London portfolio
21st Sep 2022 08:17
(Sharecast News) - Real estate investment trust Land Securities provided an operational and development update on its Central London portfolio on Wednesday.
Read moreLandsec COO Colette O'Shea to step down
9th Sep 2022 07:39
(Sharecast News) - Landsec said on Friday that chief operating officer Colette O'Shea will be stepping down with effect from the end of March 2023 "as the business moves into the next phase of its growth strategy".
Read moreRBC Capital downgrades British Land, Landsec, Hammerson
12th Jul 2022 07:33
(Sharecast News) - British Land, Landsec and Hammerson were all under the cosh on Tuesday after RBC Capital Markets downgraded its stance on the shares, as it took a look at the London office and UK retail property markets.
Read moreLandsec swings to profit in strong year for operations
17th May 2022 08:27
(Sharecast News) - Land Securities delivered a "strong" set of results on Tuesday, with its total accounting return swinging to 10.5% for the year from -15.9%, driven by its operational performance and strategic actions.
Read moreLandSec sells Strand building for £195m
12th May 2022 08:46
(Sharecast News) - Land Securities said it had sold a building on London's Strand to Singapore-based Sinarmas Land for £195m.
Read moreLandsec and British Land in talks over property swap
21st Mar 2022 10:29
(Sharecast News) - Two of Britain's largest commercial landlords were eyeing a property swap, it was reported on Monday, which could see the massive Meadowhall shopping centre in Sheffield change hands.
Read moreLand Securities buys 25% stake in Bluewater for £172m
22nd Dec 2021 07:50
(Sharecast News) - Land Securities said it had bought an additional 25% share in the Bluewater shopping centre from Lendlease Retail Partnership for £172m.
Read moreLandsec in talks to buy further stake in Bluewater - report
24th Nov 2021 14:38
(Sharecast News) - Landsec is reportedly in talks with Lendlease about the acquisition of a 25% stake in the Bluewater Shopping Centre in Kent in a £200m deal.
Read moreLand Securities earnings rise as it refocuses portfolio
16th Nov 2021 08:42
(Sharecast News) - Commercial landlord Land Securities reported a 56.5% rise in EPRA earnings in its half-year results on Tuesday, to £180m, as gross rental income fell 3.8% to £282m.
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