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
  -5.95 -1.18% 499.95 2,299,156 16:35:22
Bid Price Offer Price High Price Low Price Open Price
502.00 502.40 512.50 496.15 510.10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment Trusts 740.00 414.00 -112.40 3,707
Last Trade Time Trade Type Trade Size Trade Price Currency
17:38:29 O 1,970 502.68 GBX

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Land Securities (LAND) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-09-23 16:38:30502.681,9709,902.80O
2020-09-23 16:16:19500.4521,507107,632.21O
2020-09-23 16:15:00511.9017,10387,550.26O
2020-09-23 16:15:00504.3010,00050,430.00O
2020-09-23 16:15:00507.8020,000101,560.00O
View all Land Securities trades in real-time

Land Securities (LAND) Top Chat Posts

Land Securities Daily Update: Land Securities Group Plc is listed in the Real Estate Investment Trusts sector of the London Stock Exchange with ticker LAND. The last closing price for Land Securities was 505.90p.
Land Securities Group Plc has a 4 week average price of 496.15p and a 12 week average price of 496.15p.
The 1 year high share price is 1,019.50p while the 1 year low share price is currently 496.15p.
There are currently 741,473,884 shares in issue and the average daily traded volume is 3,302,963 shares. The market capitalisation of Land Securities Group Plc is £3,706,998,683.06.
nickrl: QuePassa and the share price goes down in unison with people heading back!! Anyhow this is getting back close to getting on the buy list
erogenous jones: Loan to Value has to be one of the stupidest measurements to determine borrowings, I would have thought. The commercial market (worldwide) is in freefall with high rents and with a pandemic that will see many businesses large as small collapse. Because we are seeing so many persons working from home in an effort to maintain business as best they can, I wager that there will be decisions made in boardrooms all around the world that actually huge office blocks are not really needed and that satellite working might be the way forward in conjunction with video conferencing. Inevitably either rents or capital values will fall. The former for income, the latter reflecting the return on capital employed. While a writedown in the valuation of assets may seem harsh, it only reflects the cash that could be realised from real estate. Occupancy determines the cashflow for this company and that will be under huge pressure in the short and medium term IMO. I believe that there is more pain to come in the share price so am holding powder dry for the time being. I do not currently own any shares in either BLND or LAND though they have been stalwarts in my portfolio for many years in the past.
quepassa: Land Secs is a top FTSE100 share pick for 2020 in my view. The vastly improved and stabilised political backdrop in the UK will increasingly put LanSec back on the investor radar as overseas money floods back into the UK - both for equities and high value non-retail real estate. Hints by the BoE that interest rates are unlikely to rise - and may even be cut- will add further support. Personally expecting share price outperformance from LanSec this year as new CEO gets into his stride. ALL IMO. DYOR. QP
its the oxman: Very disappointing share price c.820p , excessive discount to nav but not sure what's going to turn sentiment around.
erogenous jones: The chart since 1993 suggests to me that the share price will test the long term support at 650p over the next few years. My interpretation of the long term chart rather suggests a worst case scenario for support at or close to 400p should property collapse, but that it has all the hallmarks of trading in the range 700p-1000p. At the moment, the share price seems to be heading southbound with no information to suggest any change of direction. I have disposed of my holding at a loss today. I have placed the proceeds to purchase shares in BTG.
sun1950: I agree with everything you said the problem for investors is will the fall in the share price continue, what is the correct discount to NAV. I’m sure the NAV has fallen since the year end but equally the discount must have risen, and where will it settle 35 or 40% seems over the top to me but I’m a shareholder so would say that, compared to other REIT Land and BLand discount seems to be on the high side. The Brecht problem won’t be settled soon unfortunately
jonwig: speeds - here it is.I agonised for days on whether to buy LAND or BLND. I plumped for BLND, but it was a close judgment. Property stocks have featured heavily among Questor’s recent tips and we make no apology for it: the companies recommended have offered robust business models along with valuations depressed by an excess of pessimism over the likely effects of Brexit, among other things. This week we feature another: Land Securities, one of the giants of the British commercial property market, whose assets include office space in the City of London and hotels and shopping centres around the country. Chief among its attractions, according to Simon Gergel, who last year bought a stake in the firm for the Merchants Investment Trust, is the 33pc discount at which the shares trade relative to the value of LandSec’s assets. Gergel acknowledged that investors were nervous about City office space because of the possible impact of Brexit on financial services and about retail property because of the rise of online shopping. But he described the level of LandSec’s discount as “extraordinary” in view of the “cautious̶1; stance adopted by the company to ride out the current uncertainty. This caution includes avoiding speculative development and restructuring the company’s debt so that it matures later and costs less, Gergel told Questor. The moratorium on speculative building means that almost all of its property is let, typically on long-term contracts, so the company’s income is highly secure. In fact it is on course to grow slightly as certain lettings “bed in” and introductory rent-free periods come to an end. The company should also be able to increase rental income to some extent via “non-speculative” development, which means, for example, building more space for a tenant that wants to expand. Read Questor’s rules of investment before you follow our tips. See Questor's tips every day at Gergel added that prime shopping centres, such as LandSec’s Bluewater in Kent or Westgate in Oxford, “should benefit from trade concentrating in the best venues”. He said the “real risk” was falling property values and that the current large gap between the share price and the value of the company’s assets reflected a “lack of trust” in the stated asset values. But he pointed out that many property transactions had taken place “at prices in line with current valuations” and added: “Even if values did fall by say 10pc, we would expect the discount to shrink as investors sensed the bottom of the cycle. The shares are priced for a very harsh environment – the market is too pessimistic. All it needs for the discount to narrow would be for conditions to carry on as they are without disaster. There doesn’t need to be a positive catalyst.” Gergel concluded: “There is absolute value here, not just relative to the stock market.”
ntv: look at the charts share price was higher 20 years ago
hugepants: I've been buying some of these again. Yield is 4.5% and discount to NAV is approx 35% at this price. LAND share price is down a whopping 16% over the last 12 months BLND share price is up 3% Obviously some of that could be explained by LAND returning 60p cash return to shareholders but not all. Anyone any idea which is better value just now? I make LAND discount to NAV approx 35% versus BLND which is about 32%. LAND's LTV is 22% versus BLND which is 27%. LAND's yield is approx 4.5% versus BLND which is 4.8% Both are heavily exposed to the London office market and to retail with some big malls on their books but I've not looked into too much detail on the relative exposures.
jeffcranbounre: Land Securities is featured in today's ADVFN podcast: To listen to the podcast click here> In today's podcast: - Sound Oil Chief Executive Officer James Parsons and Luca Maddedu Sound Oil Italian MD. - Technical Analyst Nicola Duke Sound Oil, Monitise, Standard Chartered, easyJet and Royal Dutch Shell Nicola on Twitter is @NicTrades - The micro and macro news - Plus the broker forecasts   Every Tuesday is Ten Bagger Tuesday on the podcast. If you know of a stock, whose share price has the potential to increase ten fold, just click the link below. Ten Bagger Tuesday (All it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). Once a week, on a Friday, I feature a tip from a listener to this podcast, if you'd like to suggest a stock click the link below: Suggest a stock (Again all it involves is filling out a form that will take you around 5 minutes and you don't personally appear on the podcast). You can subscribe to this podcast in iTunes by clicking HERE To follow me on Twitter click HERE As a listener to the ADVFN podcast you can take advantage of some exclusive first year discounts on popular subscriptions: Bronze - £50 (normally £73.82/year) Silver - £145 (normally £173.71/year) Level 2 - £350 (normally £472.94/year) Call 0207 0700 961 and ask for the ADVFN Podcast discount to take advantage of these reduced rates or just CLICK HERE for more information. Please DO NOT buy any stock recommended in this podcast basely solely on what you hear. The opinions in this podcasts are just that, opinions. Please do you own research before investing. Justin    
Land Securities share price data is direct from the London Stock Exchange
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