ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for ddt Track real-time Director Deals activity on the London Stock Exchange (LSE)

LAND Land Securities Group Plc

630.00
8.00 (1.29%)
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 Shares Traded Last Trade
  8.00 1.29% 630.00 1,106,001 14:22:02
Bid Price Offer Price High Price Low Price Open Price
630.00 630.50 630.50 624.00 626.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Real Estate Investment Trust 842M 396M 0.5316 11.86 4.63B
Last Trade Time Trade Type Trade Size Trade Price Currency
14:22:01 AT 660 630.00 GBX

Land Securities (LAND) Latest News

Land Securities (LAND) Discussions and Chat

Land Securities (LAND) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:22:01630.006604,158.00AT
13:22:01630.002831,782.90AT
13:22:01630.007014,416.30AT
13:21:11630.00100630.00AT
13:21:11630.007744,876.20AT

Land Securities (LAND) Top Chat Posts

Top Posts
Posted at 20/6/2025 09:20 by Land Securities Daily Update
Land Securities Group Plc is listed in the Real Estate Investment Trust sector of the London Stock Exchange with ticker LAND. The last closing price for Land Securities was 622p.
Land Securities currently has 744,942,828 shares in issue. The market capitalisation of Land Securities is £4,693,139,816.
Land Securities has a price to earnings ratio (PE ratio) of 11.85.
This morning LAND shares opened at 626.50p
Posted at 16/5/2025 21:21 by giltedge1
Good results NAV up to £9, rents up 5%, has great pipeline of mixed residential, Finchley, Lewisham & Manchester. Two West End developments to complete & then the focus on residential projects. Mgt Hope to increase EPS to 60p in 5 years & will distribute 90%, so that's 9% on today's price. I am a new holder & happy to keep long term for income.
Posted at 16/5/2025 13:16 by martinmc123
wealthoracle.co.uk/detailed-result-full/LAND/1419
Posted at 09/5/2025 10:26 by giltedge1
Added LAND £5.90, better late than never, rock solid NAV & Mgt expects EPS 60p in 5 years thats 10%. Mgt has done well bought into A Grade shopping centres during downturn. Only office coy I would consider all A grade in Westend.
Posted at 21/3/2025 11:58 by williamcooper104
Unusually for a UK reit the divi here is well covered So you need to look at EPRA earnings yield relative to most other REITs divi yield (where the yield usually is just covered) Long hated diversified REITs - but prime shopping centres are benefiting from rental growth and LANDs offices are a totally different asset class from the doggies RGL owns LAND and BLND are more property developers in a REIT tax wrapper with a mixed bag of asset and on the development front with a few mixed success to say the least - but the new CEO did built out a lot of student accommodation at Unite
Posted at 21/3/2025 11:17 by giltedge1
Hello nat7 I currently own Srei 7% yield mainly multi industrial estates rising divs from making estates more energy efficient, well run & have Schroders expertise to call on. Shed, logistics units about 6% yield. Both coys I managed to buy in on dips which enhances returns. Just added Gri 4% & rising div great discount on nav & modern apartments in SE should increase div next few years as building progresses & becomes a Reit. I made a great profit on PRS which was also a residential landlord at a big discount, so hopefully a repeat. I like to buy & hold for income. Looking at Land not bought yet think ceo doing a good job & a great modern portfolio. Dyor not an expert, but never made a loss on a reit so far!.
Posted at 09/3/2025 13:50 by panache1
Not a huge fan of Land Sec moving to resi however the current yield of 7% I think and the recent weakness in the share price is very appealing. I've added too.
Posted at 06/3/2025 10:37 by hugepants
There are offices and there are offices. IMO Land's prime London are definitely the latter.
FWIW I've been adding the last few days on the current weakness.

The update at end Feb worth a read. They are going to rebalance the portfolio to a more even split between residential, offices and retail.


and includes a slight results upgrade

"...Having upgraded its guidance in November for FY25 EPRA EPS to be in line with last year's 50.1 pence, the positive momentum since then and the Company's successful acquisition of Liverpool ONE in December mean it now expects FY25 EPS to be slightly ahead of last year's level. For FY26, Landsec expects EPRA EPS to build further on this and show good progress towards its FY30 potential..."
Posted at 13/1/2025 14:04 by essentialinvestor
Nick, yes exactly, that's what the market appears to be saying.

HP, valuation is based on their likely future income stream.

I give LAND credit for reconfiguration of their portfolio to a significant extent - all be it offices remain a large % of total holdings.
Posted at 15/11/2024 08:19 by hugepants
strong interim results



Mark Allan, Chief Executive of Landsec, commented:



"Our operational outperformance continues, with further growth in occupancy and positive rental uplifts across our retail and London portfolio, which is translating into accelerated income growth. Combined with our focus on cost efficiencies, we therefore raise our outlook for EPRA EPS and now expect FY25 to be in line with last year's level despite £0.5bn of net disposals over the past year, and for this outperformance to flow through into FY26.



At the same time, property values have stabilised, with growth in rental values driving a modest increase in capital values, resulting in a positive total return on equity. We expect these trends to persist, as customer demand for our best-in-class space remains robust and investment market activity has started to pick up. We have continued to reposition our portfolio towards higher-return opportunities and are confident of deploying further capital towards this in the second half. Having managed our balance sheet well as markets corrected, we are now well placed to deliver growth and attractive returns."


¾ EPRA earnings of £186m, up £1m vs prior period after adjusting for £13m lower surrender receipts

¾ EPRA EPS at top end of expectations at 25.0p, as better than expected 3.4% LFL net income growth and 2.2ppt improvement in operating margin offset earnings impact from non-core asset disposals

¾ Total dividend up 2.2% to 18.6p per share, in line with guidance of low single digit percentage growth

¾ Profit before tax up to £243m, as 2.1% ERV growth resulted in £91m or 0.9% uplift in portfolio value

¾ Total return on equity of 3.9% over six months, with 1.4% increase in EPRA NTA per share to 871p

¾ Maintained strong balance sheet with 7.4x net debt/EBITDA and a 34.9% Group LTV

¾ Upgrade in EPS outlook due to higher LFL income growth and cost efficiencies, with FY25 EPRA EPS now expected to be in line with the 50.1 pence delivered in FY24 and FY26 expected to be ahead of this, before any upside from potential future acquisitions
Posted at 12/6/2024 16:35 by petersinthemarket
As it's quiet here:
17 May 2024: investorschronicle.co.uk: LAND books further losses: The developer still faces an uphill battle against inflation and higher interest rates but the worst may be over: LAND seems to have endured a post pandemic phase that has gone on for longer than the pandemic itself after the REIT slumped to another annual pre-tax loss, although at £341m this was half the prior year’s figure and a bit smaller than analysts had pencilled in. A combination of hybrid working practices and inflation-related costs have not helped, although management has been busy getting its house in order. It has repositioned the company away from the over-exposed and under-utilised City of London and towards a broader footprint in the capital within more mixed use developments. However, a subdued property market kept a cap on valuations; in fact these showed a 6%, or £625m decline during the year, although gross rental value (ERV) rose by 3.2% as LAND concluded greater volumes of leasing. Unfortunately, this was more than offset by a 45 basis points increase in valuation yields driven by the sharp increase in bond yields in H1. Headline EPRA earnings were essentially flat at £371m after £22m of surrender premiums were factored in. Meanwhile, net rental income, which includes JVs and subsidiaries, was down £11m at £550m. The impact of higher rates was also clear with the average weighted cost of debt servicing increasing by £18m to £102m; LAND, like all Reits, needs interest rates to fall. LAND has done all it can to mitigate the worst of its issues and must now wait patiently for the BoE to do its work on base rates. The discount to NAV has come in recently and sits at around 22%. When combined with a prospective DivYld of 5.9%, there is some potential value on offer. Speculative BUY.
Land Securities share price data is direct from the London Stock Exchange

Land Securities Frequently Asked Questions (FAQ)

What is the current Land Securities share price?
The current share price of Land Securities is 630.00p
How many Land Securities shares are in issue?
Land Securities has 744,942,828 shares in issue
What is the market cap of Land Securities?
The market capitalisation of Land Securities is GBP 4.63B
What is the 1 year trading range for Land Securities share price?
Land Securities has traded in the range of 490.80p to 682.00p during the past year
What is the PE ratio of Land Securities?
The price to earnings ratio of Land Securities is 11.86
What is the cash to sales ratio of Land Securities?
The cash to sales ratio of Land Securities is 5.58
What is the reporting currency for Land Securities?
Land Securities reports financial results in GBP
What is the latest annual turnover for Land Securities?
The latest annual turnover of Land Securities is GBP 842M
What is the latest annual profit for Land Securities?
The latest annual profit of Land Securities is GBP 396M
What is the registered address of Land Securities?
The registered address for Land Securities is 100 VICTORIA STREET, LONDON, SW1E 5JL
What is the Land Securities website address?
The website address for Land Securities is www.landsecurities.com
Which industry sector does Land Securities operate in?
Land Securities operates in the REAL ESTATE sector

Your Recent History

Delayed Upgrade Clock