Land Securities Group plc
LDSCY
Other OTC8.83
USD
+0.01
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Land Securities Group plc
LDSCY
(Other OTC)
Recent
price
8.83
P/E
ratio
- -
div
yld
- -
ROIC.AI
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- Business
- Land Securities Group plc (Landsec) is a United Kingdom-based real estate investment trust that buys, sells, develops, and manages commercial properties including retail, leisure, workspace, mixed-use urban developments, and residential hubs; its core portfolio encompasses major retail destinations such as shopping centres, retail parks, and outlet centres, alongside office spaces in Central London and other urban areas, with key assets including Liverpool ONE, One New Change, Nova, Westgate Oxford, and Trinity Leeds. The company operates primarily in the UK, with a focus on London, Manchester, Glasgow, and regional locations, serving brands, retailers, shoppers, office occupiers, and communities through sustainable, well-connected places that integrate omnichannel retail, stylish workspaces, and residential opportunities. Founded in 1944 and headquartered at 100 Victoria Street in London, Landsec structures its business across segments including Central London offices, major retail destinations, mixed-use urban neighbourhoods, and subscale sectors like hotels and leisure. Landsec offers specialised office products tailored to diverse business needs, including Myo flexible workspaces at locations such as 123 Victoria Street and Liverpool Street, along with premium developments like 80-100 Victoria Street, 4 & 6 New Street Square, 16 Palace Street, and 62 Buckingham Gate; in retail, it manages high-quality destinations providing unique experiences for omnichannel retailers, supported by leisure and residential integrations. The company pursues a portfolio rebalancing strategy emphasising higher income growth and lower cyclicality, with plans to invest a further £1 billion in its market-leading retail platform over the next 1-3 years through acquisitions and developments while monetising non-core assets including £0.4 billion of ageing hotels and surplus land. Landsec maintains a sizeable residential development pipeline of approximately 9,000 homes across four projects in London and Manchester, targeting a £2 billion-plus platform by 2030 via selective acquisitions and leveraging third-party capital. Among its latest major changes, Landsec completed the £0.5 billion acquisition of a 92% stake in Liverpool ONE shopping centre in late 2023, fully integrating it ahead of underwriting assumptions and positioning for further retail opportunities; in October 2025, it sold its Queen Anne's Mansions office block in Victoria, London, to Arora Group for £245 million in cash, marking early progress toward releasing £2 billion of capital from offices by 2030 and advancing its disposal programme ahead of expectations. The company issued equity raising £400 million in June 2023 to fund acquisitions and developments while managing leverage, and continues to prioritise EPS growth through existing assets, reduced development commitments post-2026, and strategic partnerships involving third-party capital in retail and residential sectors. These initiatives, outlined in its 2025 Annual Report and half-year results to September 2025, underscore positive momentum across operations amid economic challenges, with a shift from lower-yielding pre-development assets expected to enhance returns by around £15 million annually.
Land Securities Group Plc (LDSCY) Q4 2026 Earnings Call Transcript
Land Securities Group H2 Earnings Call Highlights
Land Securities Group Plc (LDSCY) Q2 2026 Earnings Call Transcript
Land Securities Group Plc (LSGOF) Q4 2025 Earnings Call Transcript
Land Securities Group Plc (LSGOF) Q2 2024 Earnings Call Transcript
Land Securities Group Plc (LSGOF) Q4 2024 Earnings Call Transcript
Land Securities Group Plc (LSGOF) Q2 2023 Earnings Call Transcript
Land Securities Group plc (LSGOF) Q4 2023 Earnings Call Transcript
Land Securities Group plc (LSGOF) Q2 2023 Earnings Call Transcript