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.
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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 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
Strong Buy | 4 |
Buy | 5 |
Neutral | 8 |
Sell | 1 |
Strong Sell | 1 |
Total | 19 |
Latest | Previous | |
---|---|---|
Q3 | Q2 | |
Ex-Div | 22-Feb-24 | 23-Nov-23 |
Paid | 12-Apr-24 | 02-Jan-24 |
Amount | 9.30p | 9.20p |
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 |
CEO | Mark Allan |
CFO | Vanessa Simms |
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