Landsec
This coverage analyses Landsec’s role and influence within the UK retail property sector, with reporting on its shopping centre and retail park portfolio, leasing strategies, redevelopment projects, tenant relationships, and financial performance. Updates provide insight into how Landsec’s decisions shape retail environments and opportunities — supporting property, operations, and strategy professionals navigating landlord-tenant dynamics and regional market trends.
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Apr- 2021 -14 AprilProperty
Landsec collects two-thirds of rent in latest quarter
Landsec has announced that it collected £67m of rent in its latest quarter, two-thirds of the £110m that was due on the 25 March payment date. Of the £33m of rent outstanding, £10m relates to customers who have withheld payment pending documentation of agreed concessions. The 67% of net rent…
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Mar- 2021 -25 MarchSport & Leisure
Decathlon moves to 35,000 sq ft Trinity Leeds store
Decathlon UK has announced it will be moving to a new 35,000 sq ft flagship store in Trinity Leeds, which is owned by property company Landsec. Opening later this month, the store will be housed in a former BHS site which spans over two floors, and will initially focus on…
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Feb- 2021 -15 FebruaryCoronavirus
Government eyes third rent moratorium extension
The government is reportedly drawing up plans to extend the current rent moratorium that bans landlords from being able to pursue commercial tenants for unpaid rent or evict them. According to The Sunday Times, the business department and the Ministry of Housing, Communities and Local Government have been in discussions…
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Jan- 2021 -12 JanuaryProperty
Landsec collects only a third of December retail rent
UK landlord Landsec has revealed it has only managed to collect just over a third of the rent owed by retailers during the month of December. In a rent collection update posted by the landlord, Landsec revealed it had received just £5m of the £14m expected from its regional retailers…
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Nov- 2020 -10 NovemberShopping Centres
Landsec posts £835m loss
Real estate firm Landsec, which owns the Bluewater shopping centre and a number of other retail destinations, has reported a loss before tax of £835m for the six month period ending 30 September. It comes after the firm said the impact on its results from unpaid rent and service charges…
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Oct- 2020 -19 OctoberProperty
Landsec to dispose of retail parks
Landsec has unveiled its plans to dispose of its retail parks where there is “little or no competitive advantage”, in a newly-announced restructuring of the group’s portfolio. It comes as the property group said that whilst the retail sector is “facing clear structural challenges as a result of the emergence…
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Sep- 2020 -15 SeptemberHigh Street
Creditors approve New Look CVA
New Look has announced that a CVA proposal launched last month has been approved by the majority of its unsecured creditors in a vote that was held today (15 September). Following the vote, the retailer will have a three-year rent holiday across 68 of its sites, as well as rent…
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15 SeptemberHigh Street
New Look landlords to reject CVA
New Look’s biggest landlords have reportedly rejected the retailer’s CVA plan in a move that will “throw its survival into doubt”. British Land and Landesc are now set to vote against its latest rescue plan in a vote that will be held later today (15 September), according to Sky News. …
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Jul- 2020 -3 JulyNews
Landsec welcomes ‘encouraging’ return of footfall
Landsec has announced that its shopping centres, outlets and retail parks have welcomed “encouraging” levels of footfall since their reopening last month. The retail property giant said that as of 30 June, 79% of its retail units were once again trading. Since non-essential retail opened on 15 June in England,…
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Jun- 2020 -15 JunePeople Moves
Hammerson chair to step down
The board of Hammerson has appointed Robert Noel as the new non-executive chair of the company, succeeding David Tyler. Noel will join the board and take over the position with effect from a date “no later than 1 October 2020”, at which point Tyler will step down from the company.…
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