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Land Securities Group plc (LDSCY)

Other OTC - Other OTC Delayed price. Currency in USD
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8.05-0.75 (-8.53%)
At close: 01:45PM EST
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  • Reuters

    UK's Landsec names Cheshire as next chair

    (Reuters) -Britain's Land Securities on Friday appointed retailing industry veteran and Channel 4 chair Ian Cheshire as its next chairman, as the commercial landlord streamlines its retail assets in the midst of tough property-market conditions. Cheshire, a former chief of retailer Kingfisher and ex-chairman of department store group Debenhams, takes over as Landsec chairman at a time when British commercial property values are seeing a slump, pressured by rising interest rates and broader economic uncertainty. "Retail property companies are more operationally-focused compared with a decade ago and with rents now having a variable element linked to the tenant turnover and profitability, property firms want to make sure that they have got the right tenants in their centres," Liberum analyst Chris Spearing told Reuters.

  • Simply Wall St.

    Land Securities Group First Half 2023 Earnings: UK£0.26 loss per share (vs UK£0.37 profit in 1H 2022)

    Land Securities Group ( LON:LAND ) First Half 2023 Results Key Financial Results Revenue: UK£394.0m (up 25% from 1H...