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Land Securities Group plc REIT (LAND) vs. S&P 500 (SPY)
Land Securities Group plc REIT Business Overview & Revenue Model
Land Securities Group plc REIT Financial Statement Overview
| Breakdown | ||||
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 824.00M | 791.00M | 687.00M | 635.00M | 741.00M | Gross Profit |
| 500.00M | 587.00M | 541.00M | 474.00M | 531.00M | EBIT |
| -227.00M | 456.00M | 407.00M | 306.00M | 463.00M | EBITDA |
| -231.00M | 464.00M | 414.00M | 308.00M | 466.00M | Net Income Common Stockholders |
| -319.00M | -619.00M | 869.00M | -1.39B | -832.00M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 78.00M | 46.00M | 150.00M | 15.00M | 1.36B | Total Assets |
| 10.66B | 10.97B | 12.89B | 10.99B | 14.36B | Total Debt |
| 3.78B | 3.54B | 4.55B | 3.52B | 5.33B | Net Debt |
| 3.70B | 3.49B | 4.40B | 3.51B | 3.98B | Total Liabilities |
| 4.22B | 3.89B | 4.90B | 3.78B | 5.61B | Stockholders Equity |
| 6.40B | 7.00B | 7.92B | 7.21B | 8.75B |
| Cash Flow | Free Cash Flow | |||
| 212.00M | 254.00M | 361.00M | 31.00M | 269.00M | Operating Cash Flow |
| 338.00M | 356.00M | 403.00M | 249.00M | 470.00M | Investing Cash Flow |
| -272.00M | 820.00M | -625.00M | 318.00M | -185.00M | Financing Cash Flow |
| -29.00M | -1.28B | 362.00M | -1.91B | 1.02B |
Land Securities Group plc REIT Technical Analysis
Land Securities Group plc REIT Peers Comparison
Land Securities Group plc REIT Corporate Events
Landsec announced a strategic update during its capital markets event, highlighting its focus on income and EPS growth to enhance return on equity. The company plans to rebalance its portfolio by increasing investments in retail and residential sectors while reducing its office assets. This shift aims to deliver sustainable income growth, with a projected 20% increase in EPS by FY30. Landsec’s operational performance remains strong, with growing occupancy and rental income in its retail and office portfolios. The company expects to achieve a 4% like-for-like net rental income growth this year and anticipates FY25 EPS to surpass last year’s level, driven by positive momentum and strategic acquisitions.
Land Securities Group PLC, known as Landsec, announced that Miles Roberts, a Non-executive Director of the company, has been appointed as a Non-executive Director of RS Group PLC effective from March 1, 2025. This move indicates a strengthening of ties between Landsec and RS Group PLC, potentially enhancing Landsec’s strategic positioning through Miles Roberts’ involvement in key committees at RS Group.
Land Securities Group PLC has announced transactions involving its Chief Financial Officer, Vanessa Simms, concerning the purchase and award of shares under the company’s Share Incentive Plan. These transactions, which took place on the London Stock Exchange, are part of ongoing managerial activities and reflect the company’s commitment to aligning management interests with shareholder value.
Land Securities Group PLC, a prominent player in the real estate sector, has announced its current voting rights and share capital structure in compliance with the Disclosure Guidance and Transparency Rules. As of January 31, 2025, the company has an issued ordinary share capital of 751,727,140 shares, with 6,789,236 of those held in Treasury, thereby waiving their voting rights and dividend entitlements. This results in a total of 744,937,904 voting rights available to shareholders, a key figure for investors tracking changes in their interest in Land Securities Group PLC.
Land Securities Group PLC has announced a third interim dividend of 9.5p per Ordinary Share for the financial year ending 31 March 2025, to be paid on 11 April 2025. This dividend will be distributed as a Property Income Distribution to shareholders registered by 21 February 2025. The announcement underscores Landsec’s commitment to providing returns to its stakeholders, with the option for shareholders to reinvest dividends through a Dividend Reinvestment Plan managed by Equiniti Financial Services Limited, indicating a strategic move to enhance shareholder value.
Land Securities Group PLC announced a change in the voting rights held by BlackRock, Inc., which has reduced its holding from 11.13% to 10.55%. This adjustment in BlackRock’s position may influence stakeholder perceptions and strategic decisions within the company, highlighting the dynamic nature of investment and ownership in the real estate sector.
Land Securities Group plc has announced a change in the voting rights held by BlackRock, Inc., a major stakeholder. As of January 13, 2025, BlackRock’s voting rights in the company increased to 11.13%, up from a previous 10.5%. This change could affect the company’s governance and decision-making processes, indicating BlackRock’s growing influence within the company.
Land Securities Group PLC announced a transaction involving Vanessa Simms, the Chief Financial Officer, who has increased her holding to 222,435 ordinary shares valued at £1,292,223.90. This transaction, conducted through the company’s Share Incentive Plan, reflects engagement of managerial responsibilities and is a part of the company’s strategic financial operations aimed at aligning management interests with shareholder value.
Land Securities Group PLC announced that its issued ordinary share capital consisted of 751,727,140 shares as of December 31, 2024, with 6,789,236 shares held in Treasury, for which voting rights and dividend entitlements are waived. Consequently, the total number of voting rights stands at 744,937,904. This figure is significant for stakeholders and shareholders as it serves as the denominator for determining the necessity to notify changes in their interest under the company’s disclosure rules.
Land Securities Group PLC has announced a change in the voting rights held by BlackRock, Inc., a major shareholder. BlackRock’s total voting rights in the company have decreased slightly from 10.89% to 10.50%, as indicated by the recent notification. This change in voting rights could influence the company’s decision-making process and strategic direction, potentially affecting stakeholder interests depending on how these voting rights are exercised in future shareholder meetings.
Landsec has acquired a 92% stake in Liverpool ONE, a major UK shopping center, for £490m from ADIA and Grosvenor, with a deferred payment of £35m. This acquisition aligns with Landsec’s strategy to enhance its investment in major retail destinations, expanding its portfolio to seven of the UK’s top-30 shopping centers, with expectations of meaningful rental income growth and an attractive return profile.
Land Securities Group PLC’s Chief Financial Officer, Vanessa Simms, has expanded her stake in the company through a recent acquisition of shares under the company’s Share Incentive Plan. Simms now holds 222,385 ordinary shares valued at over £1.3 million, reflecting her confidence in the firm’s financial prospects. The transactions were conducted on the London Stock Exchange, highlighting ongoing insider investment activity.
Land Securities Group PLC has announced its issued ordinary share capital stands at 751,727,140 shares, with 6,789,236 held in Treasury as of November 30, 2024. The total voting rights available to shareholders is 744,937,904, which investors can use for calculating their share interests. This update is crucial for shareholders monitoring their investment positions in compliance with market rules.