Tag: Landsec

A third of UK city dwellers plan to leave in the next decade, with access to more nature and green space the top factor

Stuart Mitchell

New research conducted by Landsec suggests improving nature and biodiversity needs to be at the heart of UK city planning if they are to remain desirable places for people to live and work. Landsec’s research reveals over half (55%) of people living and working in UK cities plan to leave in the future, a third (33%) in the next ten years, with more access to nature and green space cited as the top reason. The polling of over 1,200 people across some of the UK’s major cities, including London, Birmingham, Manchester,…

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Ocean and the Holocaust Memorial Day Trust light six million candles across the nation

Stuart Mitchell

Ocean and Landsec joined outdoor advertising sites across the UK marking Holocaust Memorial Day on Saturday (27 January) at 8pm in an initiative devised by creative agency St Luke’s for the Holocaust Memorial Day Trust. Four hundred out of home (OOH) sites simultaneously showed thousands of candles being lit – with a nationwide total of six million candles representing the six million Jews murdered during the Holocaust. Led by the Piccadilly Lights in London, the lit candles were displayed during a 10-minute vigil which everyone was invited to join either…

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Chris Skidmore MP opens Landsec’s first net zero office

Stuart Mitchell

Landsec’s landmark net zero carbon commercial office development, The Forge, SE1 was opened today by the Chair of the Net Zero Review, Rt Hon Chris Skidmore MP. The Forge is part of Landsec’s one million sq ft green office cluster in Southwark and is the first building in its Southwark pipeline to open. The Forge is the UK’s first commercial development to have been designed in line with the UK Green Building Council’s definition of a net zero building, and the first office to be built using the highly sustainable…

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Landsec announces New Green Bond

Stuart Mitchell

Following the publication of Landsec’s updated Green Financing Framework, its wholly-owned subsidiary, Land Securities Capital Markets PLC, announces the launch and pricing of its inaugural £400m Green Bond with a maturity of 9.5 years, paying a coupon of 4.875%, subject to final legal documentation. The transaction further enhances Landsec’s financial capacity and flexibility, building on an already strong position. Coupled with a pipeline of central London and mixed use development opportunities that offer excellent optionality, the transaction leaves Landsec extremely well placed to continue delivering against its strategy in the…

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Landsec to invest £135m to significantly decarbonise its portfolio by 2030

Stuart Mitchell

Landsec has announced the creation of a new £135m net zero transition investment plan to help the Group achieve its 2030 science-based targets and drive its transition to net zero.  The move comes two years ahead of the Government’s recently announced deadline for corporates to publish their pathway to net zero. The fund will be used to finance a series of initiatives over the coming nine years to reduce Landsec’s carbon footprint and drive innovation and best practice across the wider industry. Since becoming the first real estate company in…

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