Land Securities

British real estate investment trust

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01.07.2024Labour Party wins the general election

01.07.2024Labour Party wins the general election

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Landsec shifts focus from offices to rental housing investment
business 2025-02-27 21:05
Landsec shifts focus from offices to rental housing investment
  • Land Securities announced a strategic shift from investing in offices to developing rental housing.
  • The company plans to divest retail and leisure parks valued at £800 million.
  • This move reflects changing market dynamics in commercial real estate and aims to meet rising demand for rental flats.
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Cineworld faces opposition from property giants over rent cuts
business 2024-09-20 16:24
Cineworld faces opposition from property giants over rent cuts
  • Cineworld is implementing a financial restructuring that includes significant rent cuts for landlords.
  • British Land, Landsec, and Legal & General Investment Management have opposed the restructuring plan, but their influence is limited due to Cineworld's ownership structure.
  • The restructuring is crucial for Cineworld's survival, as it faces severe financial difficulties and potential insolvency.
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