Landsec

As a new year approaches, we’ve reflected not only on our milestones in 2024, but have travelled back to 1944 where our story began🎁📰                   Throughout our 80-year history, we’ve been intent on finding and shaping the best places that bring lasting value to our customers, communities, and our business—and equipping our talented people with everything they need to succeed.   As we continue to celebrate 80 years of Landsec into 2025, we’ve put together a special broadsheet to mark the occasion. Inside you can read about the major milestones in our history, hear from our CEO Mark Allan, experience Landsec through our impactful People Stories, and see what we've found deep in the archives. Take a look: https://lnkd.in/e6VQ97nR   Wishing everyone a happy and restful #festive break. Here’s to another 80 years and beyond.

Thirty High starts a new chapter for premium workspace in the heart of Victoria 💚   Home to many businesses since the 1960s, Thirty High will be retrofitted to combine iconic design with future-ready functionality to become 300,000 sq ft of Grade A, sustainable workspace that offers state of the art amenities and panoramic views of London’s skyline.   Flexible event spaces, two lounges, a double-height reception with a café, and dedicated wellness areas are complemented by a rooftop bar and restaurant spanning levels 29 and 30.   For the full film, and more details, visit www.thirtyhigh.co.uk/film/ Cathy Griffiths Ed Nicholson Ed Betts Catherine Lloyd Hannah Buxton Jonny Lee Oliver Watkins Nick Garcev Knight Frank RX London Buckley Gray Yeoman

Solar PV installation at our Gunwharf Quays retail destination is now live, and it's the largest source of on-site renewable energy across our portfolio 🌅🌊   As just one part of our £135m Net Zero Transition Investment Plan that’s futureproofing our UK-wide retail destinations, our investment in 1,287 additional solar panels at Gunwharf Quays ensures it remains a sustainable and attractive place long in to the future.   The new PV will: 🔵 Produce more than 500,000 kWh of electricity each year, enough to power 135 households 🔵 Reduce carbon emissions by around 115 tonnes per annum, the equivalent to planting 5,456 mature trees Take a look: 📽️

Following significant consultation with visitors and the local community, we’ve submitted a proposal for the first homes in Manchester’s emerging Mayfield district 🌳🏘️   Providing homes in central, mixed-use, green developments is a key growth area for Landsec. These proposals will further transform the area next door to Piccadilly station as part of a vision to create a world-class, vibrant, sustainable neighbourhood that is future-proofed for residents, workers, and visitors.   The first piece of Mayfield Park, which will eventually span the entire district, is already at the heart of the transformational 1.4bn regeneration project since opening in 2022. Within the first phase of development the park will expand by 57% including 123 new trees, 879 new homes, 325,000 sq ft of office space and a transport hub featuring Manchester’s biggest cycle park. Once complete, the Mayfield district will be home to an estimated 5,000 people and with an ambition to deliver 20% affordable housing, a 13,000 people workspace, an award-winning park, and a cultural venue The Depot which continues to be visited by millions of people every year. https://lnkd.in/eMraDVa7

It’s been a busy few days visiting MIPIM for the first time in eight years. The timing of the week – with the Government releasing its Planning and Infrastructure Bill – felt particularly relevant. Having caught up with many of our important stakeholders over the last few days, it is clear that there is strong alignment between city leaders and businesses around the need to work closely together to generate growth. With a rapidly changing global context, it is important that the UK and its major cities adapt quickly to unlock growth. Pleasingly, it feels like our city leaders are responding to this new agenda. A particular highlight for me was appearing alongside Cllr Bev Craig and Mayors Steve Rotheram and Andy Burnham alongside Jane Healey Brown (Arup) on a panel to discuss the Liverpool-Manchester railway. A perfect example of the sort of public-private collaboration which could unleash growth across the regions it would connect. We’ve invested over £1 billion into the North West over the last three years with our investments in Liverpool ONE, Mayfield in Manchester and MediaCity in Salford. We intend to triple that investment in the coming years. As an investor, it is very encouraging to see city leaders like Cllr Craig and the two mayors keen to work across municipal boundaries to drive regional growth. I was also honoured to open the Opportunity London lunch, which was attended by Mayor of London, Sadiq Khan, making his first visit to MIPIM to make the case for the capital. This type of political leadership from the UK’s cities helps to build business confidence. It thus felt significant this week that the release of the Planning and Infrastructure Bill coincided with these conversations. There is clear political will, from Government through to city leaders, to drive growth across the country. This Bill will translate that political will into action – smoothing the delivery of infrastructure, helping to professionalise the planning system and ensuring the rapid delivery of growth, homes and jobs. I hope that its aims will be picked up by business and civic leaders across the country.

It was a pleasure to sit down with Tom Howard to discuss our refreshed strategy, which will see Landsec move towards a more balanced portfolio by 2030. Comprising a mix of best-in-class retail-led, residential-led, and office-led urban places will achieve income and earnings growth and future-proof our places. https://lnkd.in/dpdsYmWm

It was great to sit down with Joshua Oliver, Financial Times this week to explain the next stage of our strategy to rebalance our portfolio towards higher income, higher income growth and lower volatility in returns. With best-in-class office and retail portfolios, and plans to grow a £2 billion+ residential platform, our refreshed strategy will see Landsec drive significant shareholder value with the potential to grow earnings by 20% from here. https://lnkd.in/eQiGZbYh

Today, we've secured planning permission from Cardiff Council to transform a former Debenhams unit at St David's into a 102,000 sq ft city square 🛠️ The redevelopment—designed in collaboration with more than 5,000 residents—brings a reinvigorated public space to the local community and visitors, replacing the 1970s concrete buildings with a fresh setting for exceptional family-friendly nature and leisure experiences. St David's is already a destination of choice for our globally recognised brand partners, and exemplifies our belief in delivering innovative, consumer-centric destinations that drive long-term value. Find out more: https://lnkd.in/em-4pUUV

Glad to hear that you and your family are enjoying the all-day-out experiences on offer at Bluewater, Tim 🛍️ A focus on fewer, bigger, better stores in best-located destinations unlocks the most value for everyone, and we'll continue to deliver on this belief across our UK-wide retail portfolio. Hear more from our very own Pablo Sueiras and Rob Hardie in EG: ⬇️

We've been included in CDP ‘s Climate A-list for 2024, which recognises us as a leader in creating sustainable places and environmental transparency 🌍 We were recently awarded a 5-star GRESB rating for the ninth year running, while also ranking in the top 5% of the S&P Global Sustainability Yearbook for 2025. From retrofitting our London workplaces with air source heat pumps, to installing solar pv across our UK retail destinations, we’re committed to best-in-class energy efficiency. Top-tier sustainability performance means that our places are sought after, and they’re future-proofed to ensure long-term success. Find out more about our sustainability benchmarks: https://lnkd.in/eepxpVNN