Land Securities snaps up former News UK Wapping headquarters November 20, 2014 Land Securities has bought the half stake it doesn’t already own in Thomas More Square, in Wapping, for £85.3m, the property firm announced yesterday. The building was home to News UK, publisher of The Times, Sunday Times and the Sun, until its parent company News Corp moved all of its businesses into new offices at [...]
Land Securities buoyed by rush for office space November 11, 2014 LAND Securities posted a better-than-expected leap in the value of its portfolio in the first half of the year, thanks to strong demand from companies keen to take up space in its buildings. The FTSE 100 landlord behind the Walkie Talkie skyscraper in the City said like-for-like rents jumped 2.2 per cent in the six [...]
Land Securities’ Moorgate Crossrail scheme October 8, 2014 Land Securities unveiled plans yesterday for a 500,000 square feet of office scheme above the new Crossrail station at Moorgate in the City. The developer launched a public exhibition for the scheme at 21 Moorfields and expects to submit plans next month. Land Securities has a three-year option to buy the site which expires at [...]
Land Securities sells its stake in Bristol’s Cabot Circus for £270m August 13, 2014 LAND Securities has sold its 50 per cent stake in Bristol shopping centre Cabot Circus to Axa Real Estate in a £267.8m deal. Cabot Circus, home to more than 140 shops and restaurants, was developed by Land Securities in partnership with Hammerson, which is retaining its stake. It was hailed as Bristol’s largest city centre [...]
Land Securities Group sells off 50 per cent stake in Bristol shopping centre for £268m August 13, 2014 Land Securities Group, the owner of the Walkie Talkie building, has sold off a 50 per cent stake in a Bristol shopping centre for £267.8m. The UK’s largest property company has sold half of its stake in Cabot Circus and Quakers Friars, a joint venture with Hammerson, to AXA Real Estate as it reshapes its [...]
Land Securities buys Bluewater shopping mall stake for £656m June 25, 2014 LAND Securities has bought Lend Lease’s 30 per cent stake in Britain’s fourth largest shopping centre Bluewater for £656m after a heated battle for the site. The acquisition is a coup for property giant, which has been selling several of its regional shopping centres in order to make way for acquisitions in the south east [...]
Land Securities slams Labour’s rent policy plan May 15, 2014 LABOUR’S plans to overhaul the private rented sector would “put the brakes” on the housing market recovery, the chief executive of Land Securities has warned as the UK’s largest landlord reported a near 10 per cent uplift in profits. Rob Noel, the boss of the £12bn property firm whose developments include the Walkie Talkie skyscraper, [...]
Land Securities plots designer outlet at the O2 January 6, 2014 THE O2 arena could become one of London’s top shopping destinations after Land Securities began talks with its owner to open a designer outlet centre on the site. The property giant has signed a six-month exclusivity agreement with AEG Europe to explore options for creating a designer outlet scheme in an unused part of the [...]
Land Securities sells RBS offices on the South Bank for £315m October 10, 2013 LAND SECURITIES has sold Royal Bank of Scotland’s flagship offices on the South Bank to M&G Real Estate in a £315m deal. The FTSE 100 landlord said yesterday it has exchanged contracts to sell Bankside 2&3, which are let to the bank until 2027. The 380,000 square feet offices, which sit next to the Tate [...]