Workplace
We create workplaces designed for life - not just the 9 to 5. From a net zero office space in Southwark to an office at the heart of Manchester’s MediaCity, find the perfect fit for 10-150+ desks.
The Forge, Bankside
Inspired by its industrial past and built for the future, it’s our first net zero carbon workplace.
n2, Victoria
Part of the Nova campus, n2 is an oasis of calm in vibrant Victoria.
Lucent, Piccadilly
Bright and airy offices allow people to take in the inspiring cityscape, especially on the 20 outdoor terraces.
Dashwood, City of London
Dashwood is a boutique tower at an unrivalled City location, providing a unique choice of workspaces to meet customer needs today, and in the future.
140 Aldersgate, City of London
Located in the heart of a vibrant city location, 140 Aldersgate connects business and culture between Farringdon and Barbican.
Retail & Hospitality
We own and operate some of the UK's most renowned retail and hospitality destinations that connect brands with people.
Bluewater, Kent
Bluewater features a curated brand mix of retail and leisure experiences.
Gunwharf Quays, Portsmouth
With its unique waterfront location and maritime history, Gunwharf Quays offers warm hospitality alongside its premium retail and leisure experiences.
St David's, Cardiff
St David’s occupies one third of Cardiff’s city centre, and half of the city’s retail space, establishing it as the beating heart of the community.
Trinity, Leeds
The open-air experience under the iconic domed roof of Trinity Leeds spans over 1 million sq ft of prime retail and hospitality space.
Westgate, Oxford
Modernity meets history in the characterful Westgate Oxford, a stone’s throw away from the historic Oxford Castle Quarter.
Mixed-use regeneration
Working closely with communities and local authorities around the UK, we regenerate urban spaces into thriving places to live, work and play.
Mayfield, Manchester
Mayfield is a 24-acre brownfield site packed with heritage and the River Medlock flowing through its core.
The O2 Centre, Camden
The O2 Centre Masterplan will deliver a new mixed-use urban neighbourhood spanning 14-acres of currently underutilised space in Zone 2 London.
The Galleries, Glasgow
The Galleries, our vision for the redevelopment of Buchanan Galleries, is a once-in-a-generation opportunity to enhance the city centre as a magnetic place for homegrown talent and opportunity.
Lewisham Shopping Centre, Lewisham
We’re developing plans to shape a new centre for Lewisham. The plans will redefine the town centre – offering everyone better choices and new experiences that are firmly rooted in Lewisham's people and culture.
Hartree, Cambridge
Landsec and TOWN, working with Cambridge City Council and Anglian Water, are developing a vision for a new urban quarter in Cambridge.
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.
Annual results 2024
Land Securities Group PLC announced its annual results for the twelve months ended 31 March 2024 on Friday 17th May 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.
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
Reimagining the city for gender inclusivity
Hear more from Ellie Cosgrave about how we need to rethink our public spaces and challenge our existing assumptions about how to deliver cities which are successfully inclusive.
A common theme has run throughout our 80-year heritage - the ability to create value for people through places. From once helping rebuild cities damaged by war, to today’s need to create sustainable places where people live, eat, shop, work or enjoy their leisure time. Through our ability to continually adapt, we are well placed to thrive, now and in the future, and we enter the coming year with a renewed sense of clarity and purpose.
Over the past three years, we have focused on increasing our investments in best-in-class assets where our competitive advantages can support long-term growth, and on preserving our balance sheet strength. The success of our strategy is reflected in our continued like-for-like income growth and rising occupancy, significantly outperforming market averages. Owning the right real estate has never been more important, and future performance across the entire sector will be much more driven by asset quality than generic themes. The successful execution of our current strategy means Landsec is well positioned in this respect, with a portfolio built on high-quality places with scarcity value. Customer demand for our high-quality product has remained robust despite the unsettled political and economic backdrop, concerns about hybrid working and cost-of-living pressures for consumers. We expect high demand for best-in-class space to endure and, as supply of this space remains limited, this will continue to support income growth. In addition, after a period of proactive asset recycling, we have meaningful capacity to reinvest proceeds in acquiring high-quality assets at an attractive point in the cycle.
*Underlying EPRA EPS excluding the benefit of increased surrender premiums during FY23; EPRA EPS including this benefit was 53.1 pence
39.6p
Dividend per share, up 2.6%
50.1p
EPRA earnings per share, (2023: 50.1p*)
859p
EPRA net tangible assets per share, down 8.2%
-4.0%
Total return on equity, (2023: -8.3%)
Landsec focuses on three areas of the UK real estate market where we can apply our unique competitive advantages and can maximise the value from our portfolio and our talent in shaping and sustaining places: Central London offices; Major retail destinations; and Mixed-use urban neighbourhoods.
What binds these three areas together is the importance of a sense of place to their enduring success, and to that of their surrounding areas. We strive to create, curate, and activate places that inspire people, generating value for all our stakeholders. In executing our strategy, we continue to be led by three things: working sustainably, meeting the needs of our customers, and being disciplined with our capital.
Read more
Download Our Strategy PDF
Our combined portfolio was valued at £10.0bn as of March, comprising the following segments:
Our employees, approximately 600 in number, play a fundamental role in our success and in achieving our purpose - which is building sustainable places, connecting communities, and realising potential. In the People team, we focus on creating an inclusive environment for growth, where everyone can thrive while moving our culture forward, which is essential to achieving our purpose. Our curated training for all, alongside our targeted development programmes, strengthens our ability to attract and retain talented people.
We design, develop and manage buildings in ways that will enhance the health of our environment and improve quality of life for our people, customers and communities, now and for future generations. We recognise that maintaining strong sustainability performance remains key to the value of our business. Our sustainability strategy – Build well, Live well, Act well – continues to focus our work on the ESG issues where we know we can have the biggest impact.
At Landsec we do more than build, manage and operate buildings. We build communities and workforces, and improve lives.
We set KPIs in line with our strategy. They provide direction for our people, and offer clear links to remuneration.
Good governance is fundamental to the long-term success of our company, and has a key role to play in the culture we want to create.
Investor Relations - equity
+44 (0) 20 7413 9000