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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%.
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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.
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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.
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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.
11 January 2021
Landsec and Invesco Real Estate have announced the signing of Gravity Active Entertainment (‘Gravity’) at Southside Shopping Centre, Wandsworth, for an 80,000 sq ft entertainment venue set to launch in the former Debenhams in summer 2021.
Gravity is a rapidly growing leisure and entertainment business, which started as a trampoline park company in 2015, and has since expanded into innovative entertainment concepts, helping to revitalise shopping centres and the high street across the UK.
The Southside site, which spans four floors, is the first in London for the brand, and will feature gaming experiences such as e-karting, augmented reality bowling, crazy golf, pool, ping-pong, and shuffleboards. It will also offer an array of dining and drinking options, including a noodle kitchen, American diner, and cocktail bar.
Located in the heart of south-west London, Southside combines best-in-class fashion and dining with extensive leisure, which will be complemented by Gravity’s unique entertainment venue. The Southside JV (a joint venture between Landsec and Invesco Real Estate) and Gravity are investing £4 million to redevelop the former Debenhams department store unit as part of a combined strategy to reimagine the destination and incorporate new and innovative concepts.
Commenting on the signing, David Heaford, Managing Director, Development, at Landsec, said: “Leisure is an increasingly important component of a complete destination, and Gravity is a significant addition that complements Southside’s existing offer. Southside is designed to offer everything the community needs, and this signing, at a challenging time for the industry, is a testament to the strength of our customer base and the centre’s appeal. Gravity’s exciting concept will inspire locals, and draw people from across London, so we are excited to see this prominent site come to life later this year.”
Ed Ginn, Director, Asset Management at Invesco Real Estate added: “As retail changes, so must shopping and leisure destinations. The signing of Gravity is a sign of things to come, as the real estate market looks to leisure innovators that can offer something unique for consumers as well as its underlying investors. We are delighted to have secured their London debut, given their popularity and success at other locations across the UK.”
Harvey Jenkinson, co-founder and CEO at Gravity, commented: “This is a huge milestone for Gravity as we look to not just grow our business, but also the types of venues we are creating. We believe concepts like this will be the future of the high street and shopping centres, offering a solution for landlords who are looking to diversify and secure the future of their assets. This exciting entertainment hub will showcase Gravity’s ability to create venues that cater to a varied audience, which is so immersive they will feel like they could be in a completely different place in the world.”
Southside is home to some of the biggest names in fashion and retail with popular food and drink brands, and a strong line-up of leisure operators including Wagamama, H&M, Primark, Waitrose and Cineworld. Landsec also acts as Asset Manager for the Southside JV, with Invesco Real Estate.
In addition to signing Gravity, over the past six months the Southside JV has added Gymnasium, the strength and conditioning gym operator, to its roster of brands, agreed a lease renewal with Planet Organic, and signed a lease re-gear with Decathlon for an upsized store. Landlord works on the Decathlon store extension will commence in January with the opening this summer.
Time Retail Partners and Colliers acted for the Southside JV. Savills represented Gravity.
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