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LAND Land Securities Group Plc

673.50
-7.50 (-1.10%)
Last Updated: 15:47:28
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Land Securities Group Plc LSE:LAND London Ordinary Share GB00BYW0PQ60 ORD 10 2/3P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.50 -1.10% 673.50 673.00 674.00 687.00 673.00 684.50 1,309,044 15:47:28
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 795M -619M -0.8310 -8.12 5.02B

Land Securities in Talks With Deutsche Bank to Pre-Let 21 Moorfields

24/03/2017 7:49am

Dow Jones News


Land Securities (LSE:LAND)
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By Ian Walker

 

LONDON--Land Securities Group PLC (LAND.LN) said Friday it is in talks with Deutsche Bank AG (DB) regarding a pre-let for the development site at 21 Moorfields, EC2, which is currently being demolished.

The U.K. commercial real-estate company, said the talks would require alterations to the design of the building above ground and negotiations will take several months, cautioning that there is no guarantee they will lead to a deal.

Land Securities, which has a 14.5 billion pound ($18.1 billion) portfolio totaling 23.6 million square foot, said the development site at 21 Moorfields will shortly complete demolition of the existing buildings.

 

-Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749

 

(END) Dow Jones Newswires

March 24, 2017 03:34 ET (07:34 GMT)

Copyright (c) 2017 Dow Jones & Company, Inc.

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