Land Securities - Interim Results Interview with CEO and CFOBy Land Securities Group Plc, PRNE
Wednesday, November 10, 2010
LONDON, November 11, 2010 - Land Securities, the largest property company in the UK, reported a 6.7
per cent increase in NAV, with revenue profits up 5.8 per cent to GBP 135.9m.
In an interview broadcast on www.cantos.com, Francis Salway, CEO,
said that, having invested a lot of capital in the last six months, the
"stand-out" figure for him was the 9.6 per cent increase in the assets in the
company's development programme.
Across the whole of the portfolio, rental values were up 1.1 per cent -
the first time for many months - which he described as an "important turning
He said the company was well positioned, whatever the current economic
climate might bring.
"I think we've got a plan that's grounded on cautious,
realistic expectations on economic growth. That plan is already underway with
a number of projects on site. And those projects are already delivering
The interview and transcript are available now on
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Tags: Land Securities Group plc, London, November 11, United Kingdom