Land Securities to sell 1 & 2 New Ludgate for £552m

4th Dec 2020 08:20

(Sharecast News) - Land Securities has exchanged contracts to sell 1 & 2 New Ludgate to Sun Venture for £552m in cash.

Read more

Land Securities to update BlackRock on Bonham Carter workload

3rd Dec 2020 11:45

(Sharecast News) - Land Securities said it would keep BlackRock updated on the workload of director Edward Bonham Carter after the world'[s biggest asset manager voted against him at the company's annual general meeting.

Read more

Director dealings: Land Securities CEO ups stake

20th Nov 2020 16:22

(Sharecast News) - Land Securities revealed on Friday that chief executive officer Mark Allan had acquired 45,695 ordinary shares in the FTSE 100-listed real estate investment trust.

Read more

Land Securities losses widen on Covid impact

10th Nov 2020 08:19

(Sharecast News) - Land Securities reported a widening of its first-half losses on Tuesday as the value of its property assets fell by 7.7% due to the impact of the coronavirus pandemic, but the shopping centre owner reinstated its dividend.

Read more

Land Securities appoints Grainger's Vanessa Simms as next CFO

28th Oct 2020 09:09

(Sharecast News) - Land Securities has appointed Vanessa Simms as its next chief financial officer.

Read more

Landsec unveils new growth strategy

19th Oct 2020 12:04

(Sharecast News) - Land Securities is to refocus on cities and mixed-use developments as it exits subscale sectors such as hotels and retail parks, the blue chip property firm said on Monday.

Read more

Land Securities rent collections fall in September

9th Oct 2020 08:20

(Sharecast News) - Commercial property developer and investor Land Securities said on Friday that 62% of net rent due by 29 September had been paid within five working days.

Read more

Land Securities to reinstate dividends later this year

3rd Jul 2020 07:09

(Sharecast News) - Commercial property owner Land Securities said it planned to reinstate dividends later this year as tenants reopened premises after the easing of coronavirus lockdowns.

Read more

Hammerson hires Robert Noel to replace Chairman Tyler

15th Jun 2020 07:49

(Sharecast News) - Hammerson has recruited former Land Securities chief executive Robert Noel as chairman to lead the board through the aftermath of the Covid-19 crisis.

Read more

Thursday broker round-up

4th Jun 2020 14:03

(Sharecast News) - IWG: RBC Capital Markets downgrades to sector performer with a target price of 325p.

Read more

Monday broker round-up

18th May 2020 12:55

(Sharecast News) - Land Securities: Barclays upgrades to overweight with a target price of 730p.

Read more

Land Securities pulls divi, warns of tenant failures as FY losses widen

12th May 2020 07:05

(Sharecast News) - Property developer Land Securities pulled its final dividend and warned of tenant failures across its portfolio as the coronavirus crisis contributed to wider full year losses of almost ?1bn in an already struggling market. .

Read more

Tuesday broker round-up

21st Apr 2020 13:52

(Sharecast News) - Wetherspoons: Jefferies upgrades to buy with a target price of 1,150p.

Read more

Wednesday broker round-up

15th Apr 2020 13:36

(Sharecast News) - Reckitt Benckiser Group: Credit Suisse upgrades to neutral with a target price of 5,900p.

Read more

Land Securities scraps dividend, sets up £80m rent relief fund

2nd Apr 2020 07:03

(Sharecast News) - Land Securities has cancelled its dividend to conserve cash and set up an £80m rent relief fund for customers struggling during the coronavirus crisis.

Read more