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FTSE 100 extends gains for third day, but lags European peers on strong pound
The blue-chip FTSE 100 index closed 0.7% higher at 7,518.35, but lagged its continental peers as the pound jumped more than 1%
Company
Land Securities Group PLC
LON:LAND
Land Securities is a FTSE 100 company and we own and manage approximately 7.6 million m2 of commercial property and provide property services to more than 2,500 private and public sector clients.
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Land Securities lifts stake in Bluewater shopping centre to 48.75%
The deal represents a net initial yield of 8.15% and an equivalent yield of 8.25%
Land Securities back in profit as London offices and retail parks recover
Rents for prime, grade A London offices remained resilient
Land Securities makes recommended £190mln bid for U and I Group
LandSec is offering 149p per U+I share, valuing the company's issued share capital at around £190mln. Shares in U+I closed at 86.0p on Friday
Only 19 companies in FTSE 100 on track to reach net-zero goals despite pledges
Just 19% of the UK’s largest companies are on track to contribute meaningfully to climate change, while 66 firms in total have set sustainability goals
Land Securities reports improved rent collections
Only 50% and 58% of rents had been collected from its mixed-use 'urban opportunities' and hotels, leisure and retail parks tenants
Working from home an opportunity for property groups suggests UBS
There is a limit on how much hot-desking is possible
Land Securities reports progress on rent collection
Urban opportunities and subscale sectors were the weakest at 50% and 43%
Land Securities and British Land facing dividend and green pressure, predicts Jefferies
Shares in Land Securities fell 3.7% to 678.8p while British Land dropped 4% to 501.4p.
Land Securities confident of swift rebound after £1.4bn loss
The dividend was the only thing that went up in the results for the year to end-March 2021
Land Securities expects number of tenants on support measures to rise as UK economy reopens
The property giant has collected 67% of rents in its latest quarter so far
Property giants see hospitality and retail rent collections tumble
For the December quarter, Land Securities said it has collected 66% of the expected rent of £101mln
Land Securities CEO finalises new management team
Colette O'Shea is to assume the newly created title of Chief Operating Officer
Land Securities acquires central London office building for £87mln
The 10-storey building is located in 55 Old Broad Street, near Liverpool Street station
Land Securities offloads two central London buildings for £552mln
The firm will use the proceeds to pay down debt before reinvesting into growth opportunities over time
Land Securities restarts dividend despite pandemic's impact on values and income
The property giant sees acquisition and development opportunities as likely to arise as a result of increased obsolescence of older office stock
Archive
ITV, Burberry and WH Smith among big name reporters in coming week; UK unemployment data eyed
Other firms likely to draw attention include commercial landlord LandSec, publican Wetherspoon's and housebuilders Persimmon and Taylor Wimpey
Land Securities announces appointment of Grainger CFO Vanessa Simms as its next chief financial officer
Simms is expected to join the business, and become an executive director at Land Securities, by no later than June 1, 2021
Land Securities to regroup around London and stick with retail
The property giant's interests in hotels, leisure and retail parks are to be sold
Bank of England's negative interest rates would boost office property, says JPMorgan
The BoE has stressed that a negative interest rates policy is not in its immediate plans