US EditionLandsec to fund housing development drive with £2bn office sell-off
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Landsec Shifts Gears: Major Push Into Residential as Office Focus Eases
Property giant Landsec has confirmed a strategic pivot from office-led developments to a more residential-focused future, signalling a new direction for one of the UK’s largest real estate players.The company, which is currently delivering two London office schemes in Victoria and Southwark, announced that no new speculative office projects will begin until a substantial portion of expected rental income—estimated at £61 million—has been secured…
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