Land Securities Group plc (LDSCY)
- The Guardian
Landsec reports record London office leasing as it returns to profit
Owner of Bluewater and Trinity Leeds says it has also seen a recovery at its shopping centres
- Reuters
Landsec posts first annual profit since 2017 on record London office leasing
(Reuters) -Land Securities reported its first annual profit in five years on Tuesday, driven by record leasing in its London offices and a return to growth in major retail destinations. Britain's top commercial property landlord said office leases in Central London, which comprises about 65% of the group's overall portfolio, stood at 63 million pounds ($78.5 million) for the year amid higher demand for spacious properties spurred by the return of workers to offices and a rebound in tourism. Shares of the group, which last reported an annual profit in 2017, rose as much as 2.3% at 759 pence by 1015 GMT.
- Simply Wall St.
Land Securities Group plc (LON:LAND) may have lost UK£229m in value but insiders who invested last year have seen gains of around UK£3.7k to date
Insiders who bought Land Securities Group plc ( LON:LAND ) stock lover the last 12 months are probably not as affected...
