Land Securities Group (LAND)

Sector:

Property Investment Trusts

Index:

FTSE 100

654.00p
   
  • Change Today:
      14.00p
  • 52 Week High: 725.20
  • 52 Week Low: 559.40
  • Currency: UK Pounds
  • Shares Issued: 744.89m
  • Volume: 1,206,685
  • Market Cap: £4,871.56m
  • RiskGrade: 178

Landsec in talks to buy further stake in Bluewater - report

By Michele Maatouk

Date: Wednesday 24 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Landsec is reportedly in talks with Lendlease about the acquisition of a 25% stake in the Bluewater Shopping Centre in Kent in a £200m deal.
According to Property Week, a deal would see Landsec take majority control of the Dartford shopping mall, lifting its stake to 55%. It cited sources as saying that the two parties are close to agreeing a deal.

Property Week said Landsec is considering increasing its stake further and potentially looking at full ownership of Bluewater if remaining shareholders agree to sell.

Landsec bought a 30% interest in Bluewater from Lendlease in 2014 for £656m.

At 1445 GMT, the shares were up 1.8% at 753.60p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Land Securities Market Data

Currency UK Pounds
Share Price 654.00p
Change Today 14.00p
% Change 2.19 %
52 Week High 725.20
52 Week Low 559.40
Volume 1,206,685
Shares Issued 744.89m
Market Cap £4,871.56m
RiskGrade 178

Land Securities Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
18.07% above the market average18.07% above the market average18.07% above the market average18.07% above the market average18.07% above the market average
53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average53.33% above the sector average
Income Not Available
Growth
79.87% above the market average79.87% above the market average79.87% above the market average79.87% above the market average79.87% above the market average
85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average85.71% above the sector average

What The Brokers Say

Strong Buy 4
Buy 5
Neutral 8
Sell 1
Strong Sell 1
Total 19
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Land Securities Dividends

  Latest Previous
  Q3 Q2
Ex-Div 22-Feb-24 23-Nov-23
Paid 12-Apr-24 02-Jan-24
Amount 9.30p 9.20p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 712,501 @ 654.00p
16:35 317 @ 654.00p
16:35 4,851 @ 654.00p
16:35 3,110 @ 654.00p
16:35 304 @ 654.00p

Land Securities Key Personnel

CEO Mark Allan
CFO Vanessa Simms

Top of Page