Landsecs scheme steams ahead
Laura Chesters
Laura Chesters is digital, consumer and luxury goods reporter at The London Evening Standard, i, The Independent and The Independent on Sunday.
Sunday 06 November 2011
Land Securities will update the market, in its interim results this week, on leasing at its Trinity Leeds retail scheme, which is currently more than 60 per cent let.
The FTSE 100 property giant wants to see this rise to 70 per cent by early next year, and has already signed up Apple, Hollister and a Conran restaurant among other high street names.
Land Securities, run by Francis Salway, its chief executive, and Alison Carnwath, its chairman, is launching a national short film competition – "2.8 Days Later" – in Leeds later this month. Covering one million square feet, the Trinity Leeds scheme will open its doors in 2013 and is one of only a handful of retail developments currently being built.
Analysts at Evolution said they expected Land Securities' 826p March net asset value to rise to 865p a share this time: "We can see the 19 per cent discount [to net asset value] attracting more buyers than sellers on the day [of the results]."
-
Revealed: Devastating impact of 'bedroom tax' sees huge leap in demand for emergency hardship handouts for tenants
-
Notes from a small island: Is Sealand an independent 'micronation' or an illegal fortress?
-
You thought Ryanair's attendants had it bad? Wait 'til you hear about their pilots
-
Revealed: Eerie new images show forgotten French apartment that was abandoned at the outbreak of World War II and left untouched for 70 years
-
Five-year-old British girl who died in a pool at Coral Sea Waterworld Hotel in Egypt's Sharm el-Sheikh resort named as Chloe Johnson
- 1 Stoke City investigate 'religious abuse' after 'pig's head is found in Kenwyne Jones' locker'
- 2 Gove’s lesson: spare the comma, spoil the child
- 3 Heading for America? Prepare for the longest US immigration queues ever
- 4 Grace Dent on TV: Extreme Couponing, My Strange Addiction, and Here Comes Honey Boo Boo, TLC
- 5 Join Ryanair! See the world! But we'll only pay you for nine months a year
Get your summer started with British Military Fitness
BMF is the UK’s biggest and best loved outdoor fitness classes
Visit York
Find out what The Independent's resident travel expert has to say about one of the most beautiful small cities in the world
Enter the latest Independent competitions
Win anything from gadgets to five-star holidays on our competitions and offers page.
Business videos from commercial thought leaders
Watch the best in the business world give their insights into the world of business.
iJobs Money & Business
Fidessa Analyst / PM - Banking - London - £600pd
£550 - £600 per day: Orgtel: Fidessa Analyst / PM - Banking - London - Up to £...
Sourcing Manager - Banking - London - £500pd
£450 - £500 per day: Orgtel: Sourcing Manager - Banking - London - Up to £500p...
School Finance Assistant (part-time, term-time only)
To be discussed at interview.: Queen Elizabeth's School: An experienced and ef...
Java Developer - Munich OR Milian
£294.05 - £330.92 per day + 150 per day travel and accommodation: Orgtel: A le...
Day In a Page
The price of pacifism
Jason Isaacs: Groupies, theatre bores and James Bond
Sealand: 'Micronation' or illegal fortress?
One man returns to Argentina's town that drowned
Gordon Ramsay's worst nightmare: A restaurant he cannot save
Why bitters are back on the bar
The 10 Best barbecues



Comments