We publish our results twice a year in May and November. In addition, we also hold a capital markets day on an annual basis. A full property valuation of our portfolio is undertaken every six months and is reported in our May and November results.
Download Results for the year ended 31 March 2023 announcement
Download Annual Results 2023 Appendices
Download Results for the year ended 31 March 2023 presentation
Download Results for the half year ended 30 September 2022 announceme...
Download Half year results presentation 2022
Capital Markets Day
Landsec hosted a tour of its development opportunities in Southwark on 21 September 2022. During the event, Landsec provided an operational and development update on its Central London portfolio, a key pillar of Landsec's growth strategy. View the presentation below.
Annual Report 2022
This has been a year of building momentum, both in our performance and our strategic activity. We have grown our portfolio value, our earnings and our dividend. We have strengthened our team and refreshed our sustainability framework to ensure everything we do aligns with a sustainable future. We identified opportunities to grow and we acted upon them – adding significantly to our mixed-use urban pipeline. We’re creating and managing places that excite and inspire people, places fit for today and for the future, places that enable communities to grow. Last year we promised growth with purpose. Now we’re seeing growth in action.
Change in presentation of segmental financial information
To support our new strategy, we are changing the way we report financial information, both internally and externally. This new structure better reflects the way in which the business is now being managed. We'll continue to report externally on the total Combined Portfolio, as we did for the 31 March 2020 year end. However, instead of analysing the Combined Portfolio between our Office, Retail and Specialist assets, it will now be analysed between four segments: Central London, Regional retail, Urban opportunities and Subscale sectors. The Group’s segmental information will also now be presented in a format which reflects these changes.
Download Changes in segmental financial information
Changes in performance measures
In October 2019, EPRA published new Best Practice Recommendations (BPR) for financial disclosures by listed real estate companies. Landsec has adopted these guidelines for the year ended 31 March 2020 and considers EPRA NTA to be the most relevant measure for the Company’s business. EPRA NTA will now be Landsec’s primary measure of net asset value, replacing previously reported EPRA net assets and EPRA net assets per share measures. Total business return will also now be calculated based on EPRA NTA.
For comparative purposes, the document below shows Landsec’s previous net asset value measures as presented in its Annual Report for the year ended 31 March 2019 and its half-yearly announcement for the six months ended 30 September 2019 restated according to the new BPR guidelines.
EPRA has published an FAQ document on its new BPR guidelines which can be found here.
Results for the year ended 31 March 2023 presentation
.pdf 3.63 MB
Results for the year ended 31 March 2023 announcement
.pdf 1.54 MB
Results for the year ended 31 March 2022 announcement
.pdf 1.56 MB
Annual results 2022 appendices
.pdf 670.17 KB
Annual results 2022 presentation
.pdf 5.28 MB
Capital Markets Day Presentation - Feb 2022
.pdf 48.32 MB
Half Year Results Appendices 2021
.pdf 3.34 MB
Half year results presentation 2021
.pdf 6.41 MB
Annual Report 2021
.pdf 9.92 MB