Full Year Results 

Land Securities adopts a cautious stance

Land Securities adopts a cautious stance

Land Securities (LAND) has positioned itself to withstand the effects of a tougher real estate market where some valuations, notably shopping centres and London offices, lost ground, contributing to a 1 per cent fall in adjusted net asset value (NAV). The headline loss reflected a £446m cost relating to the repurchase of £1.53bn of legacy bonds.

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