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Land Securities
Annual Report 2008

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London Portfolio review

  • 151,830m2 of new developments completed and 94% let, including Bankside 2&3 let to RBS
  • No. 1 market share of London office development lettings
  • Total sales of £716.2m at 8.2% above valuation
  • Planning approval won for 20 Fenchurch Street, EC3
  • Timing of development pipeline well matched to demand

    • We are helping to reshape one of the world’s great cities. Using our knowledge, understanding and scale, we develop and invest to create high quality office and retail space for world-class businesses and brands. We believe the spaces we provide enable organisations to enhance performance and improve day-to-day life for employees, shoppers and local residents.

    Mike Hussey

    Mike Hussey, Managing Director, Land Securities London Portfolio

    Watch the London video introduction
    “The market was demanding but we anticipated change early and achieved the lettings and sales needed to position the business favourably. We're in good shape to compete and the timing of our development pipeline looks well matched to current market conditions.”