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Our Impact

Our 2022 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.

At Landsec, we believe our role is to create value. For our business, our shareholders, customers, colleagues, partners and local communities. Our purpose sits at the heart of everything we do: sustainable places, connecting communities, realising potential. 

This purpose is brought to life through the places we own and the communities they are part of. To help to quantify our contribution, we’ve assessed the full impact our places and activities have across the UK, be that through creating jobs and spending, supporting public resources and building sustainable communities. Understanding our impact helps us identify where we’re already adding value, but more importantly it highlights areas where we can have an even greater impact. 
 

Mark Allan, Chief Executive

£15.4bn

Total contribution to the UK economy each year from people based at our places

£5bn

Ten-year contribution to the economy through property development

125,000

Number of jobs across our workplace, retail and leisure destinations

At Landsec, we believe our role is to create value. For our business, our shareholders, customers, colleagues, partners and local communities. Our purpose sits at the heart of everything we do: sustainable places, connecting communities, realising potential. 

This purpose is brought to life through the places we own and the communities they are part of. To help to quantify our contribution, we’ve assessed the full impact our places and activities have across the UK, be that through creating jobs and spending, supporting public resources and building sustainable communities. Understanding our impact helps us identify where we’re already adding value, but more importantly it highlights areas where we can have an even greater impact. 
 

£15.4bn

Total contribution to the UK economy each year from people based at our places

£5bn

Ten-year contribution to the economy through property development

125,000

Number of jobs across our workplace, retail and leisure destinations

Our economic contribution

We’re one of the largest commercial property companies in Europe, and our diverse portfolio of more than 100 unique locations delivers great places for people to shop, work, live, and spend time.

→ 125,000 jobs (direct and indirect across our UK portfolio of over 100 assets)

→ £15.4bn per annum contribution to the UK economy 

→ £5bn capital investment over the last 10 years

 

Our business

We make a significant contribution to the economic prosperity of the UK. This starts with our people and our purpose. We have over 600 employees based in the UK and aim to provide them all with great careers.

→ £70.8m total economic contribution supported by all jobs

→ £60m economic contribution each year by London teams

→ £7.6m income tax contributed by Landsec employees 

Our customers

The places that we build, manage, and grow remain significant economic contributors because of the world class businesses and brands that occupy our work, leisure, and retail spaces. Today, we have more than 2,500 customers within our portfolio.

→ 2,541 direct customers leasing space across UK portfolio 

→ c.91,000 direct and indirect jobs created and sustained

→ £5.9bn direct economic contribution per annum

Our partners

Our business relies on a network of key suppliers. This includes cleaning and security, construction contracting services, and professional and financial services.

→ £107m - GDP contribution of our supply chain per annum

→ £61m - paid in wages by our partners per annum 

→ 2,377 - workforce jobs supported by our partners

Report highlights

Download our 2023 Impact Report to find out more

Delivering social value

At Landsec we believe that through a focus on improving social mobility and the opportunities for people of all backgrounds to build fulfilling careers in real estate will unlock further economic growth for the places where we invest and the UK more widely.

That’s why this year we launched Landsec Futures, a £20m fund that aims to deliver around £200m of social value by 2030, supporting at least 30,000 people from underrepresented socioeconomic backgrounds towards long-term employment. It will also provide the chance to increase the diversity of talent across the industry and in our business.

Find out more about Landsec Futures
Social Impact

Creating cleaner, green communities

We firmly believe that improving environmental sustainability in the built environment is a moral and commercial imperative and we are committed to playing our part.

We were the first real estate company in the world to have our carbon emissions targets approved by the Science Based Targets Initiative in 2016. Since then, we’ve focused on implementing innovations that support our transition to a low-carbon world, and have committed to becoming a net zero carbon business by 2040.

Find out more about our £135m net zero transition investment plan
Environmental impact

Get in touch

chris hogwood

Chris Hogwood

Managing Director, Corporate Affairs & Sustainability

+44 20 7413 9000

Zara Lockwood

Zara Lockwood

External Communications Director

+44 20 7024 5464