Land Securities Group PLC
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Mark Christopher Allan
- Full Time Employees
- 700
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 100 Victoria Street London GL United Kingdom SW1E 5JL
- IPO Date
- Sep 6, 2002
- Website
- landsec.com
- Similar Companies
- Business
- Land Securities Group plc (Landsec) is a United Kingdom-based real estate investment trust that owns, develops, manages and invests in commercial properties including premium office spaces, major retail destinations, mixed-use urban neighbourhoods, leisure assets and retail parks; its portfolio encompasses Central London offices such as 30 Eastbourne Terrace, The Zig Zag Building and Dashwood, regional shopping centres like Liverpool ONE, Bluewater, Gunwharf Quays and St David's, retail outlets, and residential development opportunities in London and Manchester including sites at Finchley Road, Lewisham and Mayfield. The company operates primarily in the UK with a focus on London, major regional cities including Liverpool, Kent, Portsmouth and Cardiff, and mixed-use locations in Manchester and Glasgow; it was founded in 1944 and maintains its headquarters at 100 Victoria Street, London. Landsec's segments include Central London (office-led with 98% occupancy and 6.6% like-for-like net rental income growth), Major Retail (top-tier shopping centres and outlets delivering 5.1% income growth), Mixed-use Urban (with full control now at MediaCity) and Subscale sectors (leisure and retail parks targeted for divestment). In recent developments, Landsec completed £720m in acquisitions during the year ended 31 March 2025 including a 92% stake in Liverpool ONE for £490m at 7.5% day-one yield, an additional 17.5% stake in Bluewater for £120m at 8.5% yield boosting ownership to 66.25%, and the remaining 25% of MediaCity for £84m overall consideration to enable full asset management control and unlock 2,700-home potential; it invested £610m in major retail expansion at 7.7% average return with plans for a further £1bn over 1-3 years, progressed residential pipeline preparation across 6,000 homes with first starts eyed for late 2026 including infrastructure at Finchley Road and renegotiated Mayfield agreement for 1,700 units, sold £496m non-core assets plus £159m post-year-end to recycle £3bn capital towards retail and £2bn+ residential by 2030, and committed £860m developments at 7.1% yield on cost while achieving 97.2% portfolio occupancy, 5.0% like-for-like income growth and EPRA EPS of 50.3p.
Company News
Panmure Liberum keeps 'buy' rating on Landsec after Metrocentre acquisition
Landsec sells 123 Victoria Street office for £211 million
Land Securities Group Plc (LDSCY) Q4 2026 Earnings Call Transcript
Land Securities Group H2 Earnings Call Highlights
Financial Contrast: Land Securities Group (OTCMKTS:LSGOF) and IRSA Inversiones Y Representaciones (NYSE:IRS)
FTSE 100: European stocks dragged down as dollar rallies and gold exert pull
Look through Landsec noise and long-term targets 'eminently achievable', says broker
Reviewing Land Securities Group (OTCMKTS:LSGOF) and Transcontinental Realty Investors (NYSE:TCI)
Land Securities Group Plc (LDSCY) Q2 2026 Earnings Call Transcript
Landsec lifts earnings guidance as income growth strengthens
Land Securities Group Plc (LSGOF) Q4 2025 Earnings Call Transcript
Landsec lifts earnings as rental growth and asset rebalancing drive performance
Land Securities results expected to add much-wanted clarity
LandSec expands shopping centre empire with major Liverpool takeover
Land Securities Group Plc (LSGOF) Q2 2024 Earnings Call Transcript
LandSec still trailing profit targets despite marked improvement
Landsec pays £120m to take control of Kent's Bluewater Shopping Centre
All You Need to Know About Land Securities Group Rating Upgrade to Buy
Land Securities Group Plc (LDSCY) to Issue Dividend of $0.09 on August 9th
Land Securities Group Plc (LSGOF) Q4 2024 Earnings Call Transcript