Landsec Sells Queen Anne’s Mansions for £245 Million, Advancing Strategic Goals

Land Securities Group plc REIT ( (GB:LAND) ) has issued an update.

Landsec has announced the sale of its Queen Anne’s Mansions office block to Arora Group for £245 million, marking significant progress towards its goal of releasing £2 billion of capital from office assets by 2030. The sale, which is expected to complete in December 2025, will impact EPRA earnings for FY26 and FY27, but is seen as a positive step in Landsec’s strategy to focus on assets that deliver sustainable income and growth. The transaction also reflects a recovery in the central London investment market and contributes to Landsec’s overall disposals exceeding initial expectations.

The most recent analyst rating on (GB:LAND) stock is a Buy with a £750.00 price target. To see the full list of analyst forecasts on Land Securities Group plc REIT stock, see the GB:LAND Stock Forecast page.

Spark’s Take on GB:LAND Stock

According to Spark, TipRanks’ AI Analyst, GB:LAND is a Neutral.

Land Securities Group plc’s overall stock score is driven by its strong financial performance and positive earnings call outlook. The low valuation metrics and high dividend yield enhance its appeal, despite technical indicators suggesting short-term bearish trends. Corporate events further bolster confidence in the company’s future prospects.

To see Spark’s full report on GB:LAND stock, click here.

More about Land Securities Group plc REIT

Land Securities Group plc, known as Landsec, is one of the largest real estate companies in Europe, with a portfolio valued at £10 billion. The company focuses on creating premium workplaces, leading retail platforms, and a residential pipeline that aims to redefine urban living. Landsec has a long history of identifying opportunities, building partnerships, and adapting to meet the needs of a changing world.

Average Trading Volume: 2,395,111

Technical Sentiment Signal: Hold

Current Market Cap: £4.26B

Find detailed analytics on LAND stock on TipRanks’ Stock Analysis page.