Landsec Boosts Profit Amid Residential and Retail Pivot

Landsec to invest £1bn in its retail estate amid strong FY25

Property group Landsec has announced plans to increase its investment in its retail estate by £1bn amid strong FY25 performance.  The company’s retail portfolio delivered 5.1% LFL net rental income growth for the year ended 31 March 2025, with occupancy up 110bps to 96.6%, £39m of lettings signed or in solicitors’ hands 11% above ERV, and relettings/renewals 8% above previous rent.  It also drove 4.0% ERV growth, capitalising on continued focus …

Landsec boosts profit amid residential and retail pivot

Property investment group Land Securities – known as Landsec – has reported a five per cent boost amid a strategic repositioning of the firm’s commercial property portfolio in favour of residential and retail property.  Profit before tax rose to £395m from £341m, as the group plans to invest £1bn in retail and more than £2bn in a residential property platform.  EPRA earnings – earnings from operational activities – ticked up to £374m in 2025, up…

Landsec reports strong growth and sets £3bn portfolio rebalancing plan

Land Securities Group Plc (LON:LAND), Landsec, has announced its results for the year ended 31 March 2025. Strong operational results set to drive continued growth Mark Allan, Chief Executive of Landsec, commented: “Our portfolio again delivered very strong performance with like-for-like net rental income growth of 5.0%, supporting growth in both earnings and portfolio valuation over the year. Owning the right real estate has never been more im…

Land Securities upbeat as values return to growth - QuotedData

Land Securities delivered positive annual results with EPRA net tangible assets (NTA) increasing 1.7% over the 12 months to 31 March 2025, as real estate values returned to growth. The valuation of its portfolio was up 1.1% and is now worth £10.9bn. This reflected a return on equity of 6.4% and contributed to an EPRA …