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.
Part of the Nova campus, n2 is an oasis of calm in vibrant Victoria.
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 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.
The open-air experience under the iconic domed roof of Trinity Leeds spans over 1 million sq ft of prime retail and hospitality space.
Modernity meets history in the characterful Westgate Oxford, a stone’s throw away from the historic Oxford Castle Quarter.
Working closely with communities and local authorities around the UK, we regenerate urban spaces into thriving places to live, work and play.
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.
Landsec and TOWN, working with Cambridge City Council and Anglian Water, are developing a vision for a new urban quarter in Cambridge.
We build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential.
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%.
Discover the strategy that drives our success, as we create sustainable value for our three types of investor: institutional, private and debt.
2023 half year results
Land Securities Group PLC announced its half year results for the six months ended 30 September 2023 on Tuesday 14th November 2023.
Capital Markets Day - September 2023
We're hosting a Capital Markets Event for analysts and investors at our London office developments, Lucent at Piccadilly Circus and n2 in Victoria, which completed earlier this summer.
Sustainable urban places
Building on our competitive advantages. First to opportunities, in shape to act.
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 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.
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.
Throughout the past decade, we've established ourselves as a global sustainability leader in our sector. We’ve set and achieved ambitious carbon targets, invested in renewable energy, and reduced energy use in our buildings.
In 2016 we became the first commercial property company in the world to have our carbon reduction target approved by the Science Based Targets Initiative (SBTi), linking our targets with the science of climate change. In 2019, having met our target 11 years early, and acknowledging that the world’s carbon emissions continued to increase, we increased the ambition level of our science-based carbon reduction target (SBT). This update ensured that our SBT aligned with a 1.5 degree warming scenario, targeting a 70% reduction in carbon emissions by 2030 from a 2013/14 baseline. Last year, to continue reducing carbon emissions across our live developments, we also set a new target to reduce average embodied carbon by 50% compared with a typical building by 2030.
In 2023 we’ve updated our carbon reduction targets further and committed to reach net zero by 2040 in response to the SBTi’s Net Zero Standard. The standard provides the world’s first credible and independent assessment of corporate net zero target setting to ensure that companies make meaningful progress towards reaching net zero.
• Overall Net Zero Target: We’ve committed to reach net zero greenhouse gas (GHG) emissions across the value chain by 2040 from a 2020 base year • Near-Term Target: We’ve committed to reduce absolute scope 1, 2 and 3 greenhouse gas emissions 47% by 2030 from a 2020 base year • Long-Term Target: We’ve committed to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2040 from a 2020 base year
The independent Committee on Climate Change recommended, and Government accepted, that the UK should aim to be net zero carbon by 2050. It stated that this is technically feasible with known technologies, and those who can, should aim to be net zero carbon sooner than this. To support the world in limiting global warming to 1.5ºC we are transitioning to net zero carbon which we are achieving through our science-based carbon reduction target. Starting with The Forge, the UK’s first net zero building, all our future developments will be net zero.
• Overall Net Zero Target: We’ve committed to reach net zero greenhouse gas (GHG) emissions across the value chain by 2040 from a 2020 base year
• Near-Term Target: We’ve committed to reduce absolute scope 1, 2 and 3 greenhouse gas emissions 47% by 2030 from a 2020 base year
• Long-Term Target: We’ve committed to reduce absolute scope 1, 2 and 3 GHG emissions 90% by 2040 from a 2020 base year
In November 2021, we published our £135m net zero transition investment plan (NZTIP). It will ensure we meet our near-term carbon-reduction target and the proposed Minimum Energy Efficiency Standard (MEES) of EPC B by 2030. Our portfolio is now 100% compliant with the 2023 MEES EPC E or above requirements. In addition, 36% of our portfolio, 38% of offices and 34% of retail, are already meeting the proposed MEES of EPC B. With the sale of 1 New Street Square, which had an EPC B rating, the proportion of our portfolio meeting EPC B has reduced, however we are confident that as we continue with our NZTIP we will meet the proposed MEES.
We expect the plan to remove 24,000 tonnes of carbon emissions from Landsec’s operations. We are making excellent progress with our plan, spending over £2m in 2022/23 on the following initiatives:
Moving to cleaner sources of energy, replacing gas-fired boilers with air-source heat pumps.
We recognise that we also have an important role to play in influencing emission reduction of our supply chain and customers.
Find out more about our supply chain commitments here.
Every year we report on the entire range of measurable carbon emissions associated with our business, including the energy we use heat and power our managed properties, as well as indirect emissions such as embodied carbon produced by our suppliers.
Using less energy is fundamental if we’re to meet our long-term emission targets and keep making our spaces affordable for customers.
A key way we can reduce carbon is by lowering the energy use of our assets, and this has the additional benefit of reducing our customers’ energy costs. In line with our ISO 50001 Energy Management System, every property we operate has its own energy reduction plan. These plans look at retrofitting energy-efficient equipment, optimising our buildings to use less energy, and working with our customers to reduce the energy they use in their spaces. Our ISO Certification can be found here.
Recognising that approximately 40% of all energy consumption comes from our occupiers’ use of our buildings, we launched a customer engagement programme to raise awareness, change behaviour and identify opportunities for collaborating on energy and cost savings.
Working with these customers and energy specialists we have been:
To further raise awareness and drive energy efficiency we entered 80-100 Victoria Street, One New Change and New Street Square into the CUBE competition. CUBE’s goal is to help landlords and their occupiers improve energy efficiency through gamification and behaviour change. Participants are ranked monthly on which building has registered the largest percentage energy reduction, measured from their own historic baseline of energy use.
Nearly 50% of whole life carbon emissions of a building occur before it even completes and this proportion is growing as the UK grid decarbonises. We therefore continue to design and construct our buildings to be net zero and in 2023 set an ambitious target to Reduce average embodied carbon by 50% compared with a typical building by 2030.
In 2023, we delivered The Forge in Southwark, the first UK net zero commercial building constructed and operated in line with the UK Green Building Council's (UKGBC) framework definition for net zero buildings. We continue to design and build net zero buildings.
We have been developing our net zero carbon strategy for our mixed-use urban neighbourhoods, aiming to apply the same level of diligence on our residential-led projects as we do for our offices. We looked at the life-cycle impact of our masterplans and set targets for embodied and operational carbon based on in-depth modelling and financial appraisal. We are confident that this sets us on a path to providing climate-resilient homes that will stand the test of time.
We recognise that despite our plans to transition to net zero, we’ll need to offset some unavoidable remaining emissions from our development activity. We’re focused on ensuring each credit is independently verified, transparent and traceable meeting UKGBC and SBTi principles. As such, we’ve joined The Lowering of Emissions by Accelerating Forest Finance (LEAF), a public-private coalition, supported by governments (UK, US and Norway), that seeks to mobilise finance to protect tropical forests at huge scale. LEAF carbon offsets are verified by Architecture for REDD+ Transactions (ART).
To ensure we have resilient assets that meet the changing needs of our people and customers, we invest in low-carbon, energy efficient buildings and we’re moving from dependence on gas towards all-electric solutions like air source heat pumps. Part of becoming more resilient is being aware of the physical risks of climate change, like flooding, sea level rise and overheating. As the climate becomes hotter and wetter, we need to be sure our assets still deliver the same quality of experience to our customers. At present the percentage of our portfolio at high risk of extreme weather in the lead up to 2030 is 1.1% when measured by value. As climate change will gradually increase the level of risk over time, it’s important we continually reassess the risks.
The Task Force for Climate-related Financial Disclosures (TCFD), launched in 2017, encourages businesses to build resilience to the possible outcomes of climate change. In line with the Task Force on Climate-related Financial Disclosures’ (TCFD) recommendations, since 2017 we’ve committed to assessing and reporting on material climate change risks across our portfolio, ensuring we have the appropriate strategy and mitigation plan in place.
Read our 2023 TCFD response
We are committed to increasing the amount of renewable electricity generated on our sites and pioneering low carbon technologies to improve the efficiency of our assets.
We're seeing more on-site renewable generation come to life as new developments and refurbishments complete and the technologies we specified in design are activated.
Since 2016 we have sourced 100% of our electricity supplies through our corporate contract from REGO-backed renewable sources through our corporate contract with Smartest Energy, and we are looking to move our procurement towards direct purchasing from renewable projects, through Power Purchase Agreements (PPA).
As of 1 April 2016, all the sites we manage are supplied by SmartestEnergy, the UK’s first officially certified 100% renewable electricity producer. And we are proud to have been the first property company to join RE100, a group of influential businesses committed to renewable energy.
Download our 2023/24 renewable electricity certificate