Landsec swings to £1.39bn loss amid pandemic

As the vast majority of its portfolio was either closed or ‘substantially unoccupied’ amid ongoing lockdowns, revenue plummeted 39.4% to £251m

Land Securities has fallen to a pre-tax loss of £1.39bn in the full-year ended 31 March, 2021, in results that “clearly reflect the challenges” of the pandemic over the period. 

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