Find a space
Whether you need a retail space to rent in Leeds or an office to rent in London, we’ve got the commercial property to fit your needs. Or dive into our regeneration projects that are bringing new life to towns and cities around the UK.
Introducing Below The Lights
Below The Lights opened in summer 2024 in the heart of London - under the famous Piccadilly Lights.A unique Spotlight space for immersive events, Below The Lights is a place where brands can create memorable experiences and incredible media campaigns.
About
We build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential.
Our 2023 Impact Report
Our 2023 impact report deep dives into the ways our places and activities are making a difference across the UK. From our economic contributions to the social and sustainable value we deliver, we recognise that the consequences of the actions we take as an organisation are both far-reaching and long-lasting.
The potential of sustainable retail
Sustainable retail has the potential to boost local UK economies by nearly £100m and grow brand revenues by up to 13%.
Investors
Discover the strategy that drives our success, as we create sustainable value for our three types of investor: institutional, private and debt.
Half Year Results 2024
Land Securities Group PLC announced its half year results for the six months ended 30 September 2024 on Friday 15 November 2024
Creating valuable places
We enter the coming year with a renewed sense of clarity and purpose.
Sustainability
We're working to enhance the health of our environment and improve quality of life for our people, customers and communities - now, and for future generations.
Landsec Futures
Landsec Futures is a £20m fund that aims to deliver around £200m of social value by 2030, supporting at least 30,000 people from underrepresented socio-economic backgrounds towards long-term employment. It will also provide the chance to increase the diversity of talent across the industry and in our business.
We are working to Let Nature In
We’re letting nature into the design, development, and management of our spaces. We’re improving biodiversity; promoting health, wellbeing and community engagement by creating green spaces; and creating nature-based solutions to mitigate and adapt to climate change.
Careers
Life at Landsec
We're shining a spotlight on some of the inspirational people that work for us as part of our Life at Landsec series.
Media & Insights
Reverse mentoring for an inclusive future
Earlier this year, nine executive leadership team members (ELT) were each paired with a more junior colleague for a six-month reverse mentoring opportunity.
Our 2019 Annual Report
Welcome to Landsec. We apply our expertise to create positive experiences for those we rely on, from our customers and communities to our partners and employees. By getting that right, we create long-term, sustainable value for our shareholders and physical and social value for our communities.
27.0p
Dividend per share, up 16.4%
33.9p
Adjusted diluted earnings per share (2020: 55.9p)
985p
EPRA net tangible assets per share, down 17.4%
-15.9%
Total business return (2020: -8.2%)
£(1,393)m
Loss before tax (2020: £(837)m)
£6.5m
Social value created during the year
our landmark scheme at 21 Moorfields, creating a new HQ for Deutsche Bank; schemes at Nova East and One Sherwood Street; and innovative proposals around Southbank. This brings our potential pipeline in London to £3bn.
This year we progressed our landmark scheme at 21 Moorfields, creating a new HQ for Deutsche Bank; schemes at Nova East and One Sherwood Street; and innovative proposals around Southbank. This brings our potential pipeline in London to £3bn.
The retail sector faces challenges but people continue to spend time and money in destinations that provide a great experience. So we’ve repositioned our consumer portfolio, creating a diverse mix of high-quality, experience-led assets.
+29%
Growth in UK leisure spend 2013-2018
23%
Percentage of our regional retail portfolio let to leisure tenants
This year we expanded our flexible workspace offer with the launch of Myo. Targeting businesses of 10–100 people, we offer a new generation of customers an entry point to our portfolio, then support them as they grow.
45%
Percentage of occupiers who will make use of flexible space in next three years
38,290
Number of businesses with 10-99 employees in London
This year we helped the 1,200th person secure a job, meeting our 2020 target early. We’re transforming lives and addressing industry skills gaps through projects like our aerial cleaning academy at HMP Isis.
1/3
of employment opportunities we've created were for ex-offenders
£1.2m
Social value created through our Community Employment Programme in 2018
Together with the British Fashion Council and designers Black Box Revolution at Trinity Leeds, we’re introducing units for emerging brands new to physical space. We’re supporting those brands with innovative tech while having an opportunity to remix the offer as required.
Percentage of UK consumers who visited a pop-up shop last year
975
Number of different consumer brands in our portfolio
From Finchley Road to Shepherd’s Bush and Lewisham, we own sites in vibrant suburban locations in London. Our plans could create 4,000 new homes, all supported by shops, community services and public realm.
25%
By 2020 only a quarter of 30-year-olds will own their own home
4.5m
Number of households in the private rented sector has doubled since 2000
This year we progressed our landmark scheme at 21 Moorfields, creating a new HQ for Deutsche Bank; schemes at Nova East and One Sherwood Street; and innovative proposals around Southbank. This brings our potential pipeline in London to £3bn. This year we progressed our landmark scheme at 21 Moorfields, creating a new HQ for Deutsche Bank; schemes at Nova East and One Sherwood Street; and innovative proposals around Southbank. This brings our potential pipeline in London to £3bn. This year we progressed our landmark scheme at 21 Moorfields, creating a new HQ for Deutsche Bank; schemes at Nova East and One Sherwood Street; and innovative proposals around Southbank. This brings our potential pipeline in London to £3bn.
The early part of the financial year was affected by significant political uncertainty. However, following the general election in December 2019, there was an initial wave of optimism and clear signs of an improving economic outlook and real estate market. This was halted abruptly by the effect of, and response to, the Covid-19 pandemic in the final weeks of the financial year.
We create shareholder and social value by providing the right space for our customers and communities so that people and businesses can thrive.
To create value, we buy, develop, manage and sell property, drawing on a range of financial, physical and social resources along the way.
We focus on maximising financial, physical and social value by providing the spaces and environments that allow businesses and people to thrive. Our Combined Portfolio includes office space in London, and retail, leisure and hotel assets across the UK.
Good governance is vital in any year, but this year it has been a critical foundation for Landsec’s response to Covid-19, providing a framework for effective decision-making and addressing the changing needs of our stakeholders.
We set financial and non-financial KPIs in line with our strategy. They provide clear direction for our people and a measure of our progress in 2021.
Strong corporate governance and culture underpins performance, inspires trust and is essential to Landsec’s long-term success.
Investor Relations - equity
+44 (0) 20 7413 9000
