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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.
Impact report
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.
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.
28 October 2020
Land Securities Group PLC (“Land Securities”, “Landsec” or the “Company”) is pleased to announce that Vanessa Simms is to be appointed as its next Chief Financial Officer (“CFO”). Vanessa is currently CFO of Grainger PLC, a role she has held since February 2016, and Non-Executive Director and Audit Committee Chair at Drax Group PLC. Prior to that, Vanessa held a number of senior positions at other UK property companies, including Deputy CFO at Unite Group PLC and UK finance director at SEGRO PLC. She has over 20 years of experience in finance and extensive knowledge of UK real estate. Vanessa is expected to join the business, and become an Executive Director at Landsec, by no later than 1 June 2021. She will succeed Martin Greenslade who informed the Board in September of his intention to step down as CFO during 2021. Commenting on the appointment, Mark Allan, Chief Executive of Landsec, said: “I am delighted that Vanessa is to join Landsec as our next CFO, building on the strong foundations established by Martin. She brings a valuable combination of expertise and experience and I have been particularly impressed by the role she has played in helping to deliver strategic change and business transformation at Grainger in recent years. On behalf of the Board, and all of my colleagues, I welcome Vanessa to Landsec and look forward to working with her when she joins next year.”
Vanessa Simms said: “I am delighted to be joining Landsec at such a pivotal time. Mark and his colleagues set out a compelling strategy and vision at their recent Capital Markets Day and I am very much looking forward to being part of the Landsec team that will deliver that strategy."
A further announcement will be made in due course to confirm Martin Greenslade’s leaving date. Vanessa Simms is a non-executive director of Drax Group plc and Chair of the Audit Committee. She was appointed to the board on 19 June 2018.There are no other matters to disclose under Listing Rule 9.6.13. Ends
Vanessa Simms’s remuneration arrangements will be in accordance with Land Securities’ Directors’ Remuneration Policy (the “Policy”), which was approved by shareholders at the Annual General Meeting in July 2018. 1. Salary and benefits Vanessa Simms will receive a base salary of £490,000 and benefits including a car allowance (or equivalent cash supplement) of £12,000, eligibility for private health care for her, her spouse and dependent children, life assurance of 4x base salary and ill health income protection of up to 66.7% base salary. She will also receive a cash pension allowance of 10.5% base salary, which is in line with the maximum pension rate applicable to the wider workforce and recognises best practice under the UK Corporate Governance Code and investor guidelines. 2. Bonus Vanessa Simms will be eligible to participate in the Land Securities Annual Bonus Scheme and for the 2021/22 financial year she will have a maximum bonus opportunity of 150% of base salary, subject to performance conditions being met, which will be delivered in cash and deferred shares in accordance with the Policy. 3. Share incentives Vanessa Simms will be eligible to participate in the Land Securities Long-Term Incentive Plan (the “LTIP”) with a maximum annual award of 300% of base salary, subject to performance conditions being met which will be set in line with the Policy. 4. Replacement awards In order to replace existing long term incentive awards from her current employer that will lapse as a consequence of her appointment with Land Securities, but were due to vest in 2020, 2021 and 2023, Vanessa Simms will receive a one-off transfer of Land Securities shares of equivalent value to the original awards that would have vested in 2020 under her current employer’s long term incentive plan and two nil-cost option awards (subject to performance conditions) over shares in Land Securities of equivalent value that will vest in 2021 and 2023 (i.e. broadly in line with the vesting schedule for the original awards). The shares subject to the one-off share transfer will be held by a nominee selected by the Company for a holding period of two years . The two nil-cost option awards will be granted on materially equivalent terms to the rules of the LTIP, including malus and clawback and a two-year post-vesting holding period. The extent to which the award vests in 2021 will be measured by reference to the existing performance conditions relating to her current employer based on the disclosed financial results of Vanessa Simms’s current employer; and the outcome of the award vesting in 2023 will be determined by the performance conditions of the LTIP. As compensation for the annual bonus that would have been received from her current employer, Vanessa Simms will receive a replacement bonus of up to £300,000, repayable on a pro rata basis if she leaves Land Securities within two years. 25% of Vanessa Simms’s net bonus will be deferred into shares in Land Securities under the Land Securities deferred share bonus plan (“DSBP”) for a period of three years. As compensation for the loss of her existing deferred share bonus awards granted by her current employer, Vanessa Simms will receive a one-off transfer of Land Securities shares equivalent in value to the original award that would have vested in 2020 under her current employer’s deferred bonus share plan and two nil-cost option awards that will vest in 2021 and 2022 (i.e. in line with the vesting schedule for the original awards). The two nil-cost option awards will be granted on materially equivalent terms to the rules of the DSBP, including malus and clawback, however they will also be subject to a two year post-vesting holding period (in line with her current employer’s deferred bonus share plan). 5. Other Vanessa Simms will be required to build up and maintain a minimum shareholding equal to 200% base salary.
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