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Land Securities Group PLC (LAND.L)

LAND.L on London Stock Exchange

959.50GBp
2 Dec 2016
Change (% chg)

20.50p (+2.18%)
Prev Close
939.00p
Open
933.50p
Day's High
963.50p
Day's Low
933.00p
Volume
3,344,687
Avg. Vol
2,467,309
52-wk High
1,253.00p
52-wk Low
810.00p

Latest Key Developments (Source: Significant Developments)

Interserve wins facilities management account with Land Securities
Monday, 17 Oct 2016 02:00am EDT 

Interserve Plc : Contract win . Interserve wins £37.5 million facilities management account with Land Securities .Will provide a range of services including security, cleaning, customer service support and waste management, across eight of Land Securities' flagship shopping centres.  Full Article

Land Securities says ADR programme terminated
Monday, 5 Sep 2016 05:49am EDT 

Land Securities Group Plc : American depositary receipt ("ADR") programme was terminated as of 1 September 2016 .Depositary will attempt to sell remaining ordinary shares held on deposit.  Full Article

Land Securities full-year NAV rises
Tuesday, 17 May 2016 02:00am EDT 

Land Securities Group Plc : FY basic NAV per share at 1,482p versus 1,343p year earlier . Adjusted diluted nav per share(3) 1,434p versus 1,293p last year . Profit before tax £1,335.6m versus £2,416.5m last year . Dividend 35.0p versus 31.85p last year . Ungeared total property return 11.5 pct (IPD quarterly universe 11.3 pct) . Aim to maintain our progressive dividend policy from this level . Though no asset is sacrosanct, we are not expecting to make any material disposals over coming year . Believe a vote to leave EU would lead to business uncertainty while negotiations take place on an exit treaty . Over short term, we anticipate uncertainty around EU vote would drive down occupational demand in our market . Final dividend 10.55 pence per share .Total dividend up 9.9 percent to 35 pence per share.  Full Article

Land Securities Group PLC declares third interim dividend
Thursday, 21 Jan 2016 02:00am EST 

Land Securities Group PLC:Says third interim dividend of 8.15 pence per share will be paid on 8 April 2016, entirely as a Property Income Distribution (PID), to shareholders on the register on 11 March 2016.  Full Article

Land Securities Group PLC recommends final quarterly dividend
Tuesday, 19 May 2015 02:00am EDT 

Land Securities Group PLC:Recommends final quarterly dividend of 8.15 pence per share to be paid on July 24 entirely as property income distribution (PID) to shareholders registered at close of business on June 19.  Full Article

Land Securities Group PLC sells Times Square, London, EC4, to Blackstone
Tuesday, 24 Mar 2015 03:00am EDT 

Land Securities Group PLC:Has exchanged contracts to sell its 95 pct stake in Times Square, London, EC4, to real estate funds managed by Blackstone for 268.4 mln Pound.Completion will be at end of July.Says 380,000 sq ft office building at 160-162 Queen Victoria Street is fully let to six office tenants, including Bank of New York Mellon and law firm Dechert, until 2023.  Full Article

Land Securities Group PLC purchases a development site in the City
Monday, 16 Feb 2015 02:00am EST 

Land Securities Group PLC:Says it has unconditionally agreed to purchase the leasehold interest in a 1.9 acre site at 21 Moorfields, EC2 for 16.5 mln Pounds excluding vendor's overage.Says in order to finalise the purchase, Land Securities needed to agree a new development head lease with TfL and conclude compulsory purchase compensation arrangements on behalf of the Administrator for land required by Crossrail for its development.Says following completion of both agreements, land securities has unconditionally agreed to purchase the site and has submitted a planning application for two new buildings totalling about 500,000 sq ft of predominantly office space with some retail at ground level as well as public realm.  Full Article

Land Securities Group PLC to pay third interim dividend
Wednesday, 21 Jan 2015 02:00am EST 

Land Securities Group PLC:Says third interim dividend of 7.9 pence per share.It will be paid on April. 10, entirely as a Property Income Distribution (PID), to shareholders on the register at March. 13.  Full Article

British developer Land Securities warns of rental weakness after Brexit

Nov 15 Land Securities Group Plc, Britain's largest listed property developer, reported a fall in its mid-year net assets per share on Tuesday and warned of further weakness in demand for offices and retail space due to the country's vote to leave the European Union.