Land Securities Group PLC 2009 AR2
The report outlines Land Securities Group's performance for the 2008/09 fiscal year, highlighting its response to a challenging property market downturn. Key actions included the successful completion of a £756 million Rights Issue, the sale of the Trillium property outsourcing business for £444 million, and the opening of major retail developments Cabot Circus in Bristol and The Elements in Livingston, both achieving BREEAM 'Excellent' ratings. Despite a substantial pre-tax loss of £4,773.2 million due to property valuation write-downs, the company increased its revenue profit by 10.6% to £314.9 million and continued to lead in sustainability within the real estate sector.
Company: Land Securities Group PLC
Sector: Real Estate
Country: United Kingdom
Year: 2009
Type: AR2
Pages: 148
Back to company
Land Securities Group PLC
Annual Report
The report outlines Land Securities Group's performance for the 2008/09 fiscal year, highlighting its response to a challenging property market downturn. Key actions included the successful completion of a £756 million Rights Issue, the sale of the Trillium property outsourcing business for £444 million, and the opening of major retail developments Cabot Circus in Bristol and The Elements in Livingston, both achieving BREEAM 'Excellent' ratings. Despite a substantial pre-tax loss of £4,773.2 million due to property valuation write-downs, the company increased its revenue profit by 10.6% to £314.9 million and continued to lead in sustainability within the real estate sector.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2009
Reporting Period
Apr 1, 2008 - Mar 31, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees