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.
Energy Manager
The effects of climate change are all around us – 2016 was the hottest year on record; so was 2015; so was 2014. Increasing global temperatures show it’s never been more important to act.
We know better than most the significant contribution the built environment makes to global carbon emissions. So, as a sustainability leader in our sector, we realised we needed to lead the way in mapping out a more sustainable future for the property industry.
In what could be seen as our most ambitious sustainability initiative to date, we decided our energy and carbon reduction targets needed to be robust and long-lasting, so we became the first property company in the world to base our targets on accredited scientific methodologies.
The progress Landsec has made over the past two years is commendable. They are one of the most engaged landlords M&S works with on sustainability and this is evident in their achievement of becoming the first real estate company globally to set a science based target." Lydia Hopton Plan A Project Manager, Marks & Spencer
The progress Landsec has made over the past two years is commendable. They are one of the most engaged landlords M&S works with on sustainability and this is evident in their achievement of becoming the first real estate company globally to set a science based target."
Lydia Hopton
Plan A Project Manager, Marks & Spencer
First, some background. The historic United Nations Paris Agreement was first discussed in late 2015 and entered into force in November 2016. It’s the first legally binding global deal on climate change and has been ratified by 148 countries.
It was here that the two degree pledge was made; the first legally binding global deal on climate change. The agreement is based on the consensus of leading climate scientists that global warming should be limited to a rise of two degrees Celsius above pre-industrial levels, and ideally 1.5 degrees. Beyond two degrees, it’s considered that global warming will become catastrophic – leading to rising sea levels, water shortages, crop failures, increased spread of disease and more social and economic instability.
I have never lost faith that the international community could rise to the climate challenge. Now I count on governments, and all sectors of society, to turn these commitments into urgent, decisive action." Ban Ki-Moon Former UN Secretary-General
I have never lost faith that the international community could rise to the climate challenge. Now I count on governments, and all sectors of society, to turn these commitments into urgent, decisive action."
Ban Ki-Moon
Former UN Secretary-General
The Paris Agreement sends a powerful signal to the many thousands of cities, regions, businesses and citizens across the world already committed to climate action that their vision of a low-carbon, resilient future is now the chosen course for humanity this century." Christiana Figueres Executive Secretary of the UN Framework Convention on Climate Change
The Paris Agreement sends a powerful signal to the many thousands of cities, regions, businesses and citizens across the world already committed to climate action that their vision of a low-carbon, resilient future is now the chosen course for humanity this century."
Christiana Figueres
Executive Secretary of the UN Framework Convention on Climate Change
To determine required reduction goals, companies need to gather information about activity levels, growth rates, energy use and greenhouse gas emissions, and decide on a commitment period. It’s a complicated process so we worked with the Carbon Trust on the calculations.
Once we’d established what our target should be, we discussed with our senior internal stakeholders how it could be achieved. The support from all across the business was enormous.
In December 2016, one year after the Paris Agreement, we had our goals approved by the Science Based Targets initiative. We became the first property company globally to achieve this, something we are extremely proud of.
We committed to reduce our carbon intensity (the amount of carbon dioxide emitted per m²) by 40% by 2030 compared to a 2013/2014 baseline, for properties that we’ve managed for at least two years. We’ve also committed to the same target for energy intensity (kilowatt hours used per m²). We have another, longer-term, ambition of an 80% reduction in carbon intensity by 2050 from that same baseline.
That’s the plan. But how do we achieve it?
We’re already making good progress. To date, we’ve reduced carbon intensity by 18.5% and energy intensity by 13.2%, mainly through savings in our energy consumption. 100% of electricity used in the sites we manage is renewable and 15% of gas comes from green sources.
Supporting renewables like this helps the national grid become cleaner, reducing emissions in the long-term.
We've worked hard to develop an energy reduction plan for every asset in our portfolio. For example, we’ve tweaked our buildings’ heating and cooling systems, so energy use is more efficient. We’ve also fine-tuned lighting controls in some of our buildings, such as shortening delays on time sensors to minimise unnecessary use. And LED lighting has been retrofitted throughout a number of our retail centres.
Our targets are also pushing us to think innovatively about how we design new buildings and what we can do for existing ones. For instance, we’re investing in renewable technology, such as solar panels. This year, we are on track to deliver our largest installation to date, a whopping 785 kWp solar PV system at White Rose, Leeds. We expect this to provide 20% of the centre’s electricity needs, saving carbon and reducing operating costs.
At Bluewater, Kent we’ve been able to turn off the air conditioning by switching to natural ventilation. The centre now consumes 13% less energy and £100,000 a year has been saved.
We’ve also installed a low-carbon combined heat and power-generating plant in The Zig Zag Building, SW1 and our own London headquarters has sustainability at the heart of its design.
Landsec is showing great leadership within the global property industry, positioning itself to future-proof growth as the world transitions to a low-carbon economy.”" Pedro Faria Technical Director of CDP and member of the Science Based Targets Initiative steering committee
Landsec is showing great leadership within the global property industry, positioning itself to future-proof growth as the world transitions to a low-carbon economy.”"
Pedro Faria
Technical Director of CDP and member of the Science Based Targets Initiative steering committee
At the time of writing, 44 companies have had their targets approved by the Science Based Targets initiative. We were the first in our sector to go through the process but we are hopeful that many others will follow our lead.
We’re proud of the work we’ve done in this area but, more than that, we are excited about the opportunities that lie ahead as we move towards a lower carbon economy.
Images may be subject to copyright