Land Securities Group plc REIT (GB:LAND) has released an update.
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Land Securities Group PLC has reported strong operational performance for the half-year ending September 2024, with notable growth in rental income and occupancy in both retail and London properties. The company’s strategic focus on high-quality spaces has led to a positive total return on equity, despite significant asset disposals. Landsec is well-positioned for future growth, with plans for further capital deployment in high-return opportunities and an ongoing residential development pipeline.
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