We create workplaces designed for life - not just the 9 to 5. From a net zero office space in Southwark to an office at the heart of Manchester’s MediaCity, find the perfect fit for 10-150+ desks.
The Forge, Bankside
Inspired by its industrial past and built for the future, it’s our first net zero carbon workplace.
Part of the Nova campus, n2 is an oasis of calm in vibrant Victoria.
Bright and airy offices allow people to take in the inspiring cityscape, especially on the 20 outdoor terraces.
Dashwood, City of London
Dashwood is a boutique tower at an unrivalled City location, providing a unique choice of workspaces to meet customer needs today, and in the future.
140 Aldersgate, City of London
Located in the heart of a vibrant city location, 140 Aldersgate connects business and culture between Farringdon and Barbican.
Retail & Hospitality
We own and operate some of the UK's most renowned retail and hospitality destinations that connect brands with people.
Bluewater features a curated brand mix of retail and leisure experiences.
Gunwharf Quays, Portsmouth
With its unique waterfront location and maritime history, Gunwharf Quays offers warm hospitality alongside its premium retail and leisure experiences.
St David's, Cardiff
St David’s occupies one third of Cardiff’s city centre, and half of the city’s retail space, establishing it as the beating heart of the community.
The open-air experience under the iconic domed roof of Trinity Leeds spans over 1 million sq ft of prime retail and hospitality space.
Modernity meets history in the characterful Westgate Oxford, a stone’s throw away from the historic Oxford Castle Quarter.
Working closely with communities and local authorities around the UK, we regenerate urban spaces into thriving places to live, work and play.
Mayfield is a 24-acre brownfield site packed with heritage and the River Medlock flowing through its core.
The O2 Centre, Camden
The O2 Centre Masterplan will deliver a new mixed-use urban neighbourhood spanning 14-acres of currently underutilised space in Zone 2 London.
The Galleries, Glasgow
The Galleries, our vision for the redevelopment of Buchanan Galleries, is a once-in-a-generation opportunity to enhance the city centre as a magnetic place for homegrown talent and opportunity.
Lewisham Shopping Centre, Lewisham
We’re developing plans to shape a new centre for Lewisham. The plans will redefine the town centre – offering everyone better choices and new experiences that are firmly rooted in Lewisham's people and culture.
Landsec and TOWN, working with Cambridge City Council and Anglian Water, are developing a vision for a new urban quarter in Cambridge.
We build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential.
Our 2022 impact report deep dives into the ways our places and activities are making a difference across the UK. From our economic contributions to the social and sustainable value we deliver, we recognise that the consequences of the actions we take as an organisation are both far-reaching and long-lasting.
The potential of sustainable retail
Sustainable retail has the potential to boost local UK economies by nearly £100m and grow brand revenues by up to 13%.
Discover the strategy that drives our success, as we create sustainable value for our three types of investor: institutional, private and debt.
2023 half year results
Land Securities Group PLC announced its half year results for the six months ended 30 September 2023 on Tuesday 14th November 2023.
Capital Markets Day - September 2023
We're hosting a Capital Markets Event for analysts and investors at our London office developments, Lucent at Piccadilly Circus and n2 in Victoria, which completed earlier this summer.
Sustainable urban places
Building on our competitive advantages. First to opportunities, in shape to act.
We're working to enhance the health of our environment and improve quality of life for our people, customers and communities - now, and for future generations.
Landsec Futures is a £20m fund that aims to deliver around £200m of social value by 2030, supporting at least 30,000 people from underrepresented socio-economic backgrounds towards long-term employment. It will also provide the chance to increase the diversity of talent across the industry and in our business.
Life at Landsec
We're shining a spotlight on some of the inspirational people that work for us as part of our Life at Landsec series.
Media & Insights
Reimagining the city for gender inclusivity
Hear more from Ellie Cosgrave about how we need to rethink our public spaces and challenge our existing assumptions about how to deliver cities which are successfully inclusive.
12 March 2021
Land Securities Group PLC (“Landsec” or the “Company”) is pleased to announce that Vanessa Simms will join the Landsec Board of Directors as its Chief Financial Officer Designate with effect from 4 May 2021. Martin Greenslade will step down as Chief Financial Officer and a member of the Board on 31 May 2021 and Vanessa Simms will become Chief Financial Officer on 1 June 2021. Martin will continue to work with Vanessa until 30 June 2021 to provide a full and effective transition.
Martin Greenslade’s intention to step down was announced on 30 September 2020. Vanessa Simm’s appointment as Chief Financial Officer was announced on 28 October 2020, together with details of her remuneration.
The following information is provided in accordance with section 430(2B) of the Companies Act 2006.
The following arrangements will apply in respect of Mr Greenslade’s remuneration. These arrangements comply with Landsec’s Remuneration Policy, which was approved by shareholders at the Annual General Meeting in July 2018.
1. Salary and benefits
Mr Greenslade will continue to receive his normal remuneration in terms of basic salary, pension allowance, car allowance and company benefits, in accordance with his service agreement, up to 29 September 2021. The total value of these for the period from 1 June to 29 September is £217,330 (less all necessary deductions).
The Remuneration Committee has determined that Mr Greenslade will be eligible to receive a bonus in respect of the Company’s financial year ending 31 March 2021 which he will serve in full and will be eligible for a bonus award for the three month period from 1 April 2021 to 30 June 2021, which will be paid in 2022 at the same time and on the same basis as the Company’s other Executive Directors.
The amount of any bonus will be subject to Landsec’s Bonus Plan Scheme Rules and the satisfaction of the relevant performance criteria and will be determined by the Remuneration Committee in May, following the review of the performance of the year to 31 March 2021. Mr Greenslade will be required to defer into shares the same proportion of his bonus as the Company’s other Executive Directors.
3. Deferred Share Bonus Plan awards
The Remuneration Committee has determined that Mr Greenslade will be treated as a good leaver in respect of his outstanding unvested options under the Landsec Deferred Share Bonus Plan 2015 (the “DSBP”). Mr Greenslade’s outstanding unvested DSBP options over 65,400 shares will vest in full and become exercisable for a six-month period commencing on the normal vesting date, 24 July 2021, subject to the rules of the DSBP.
As reported above, Mr Greenslade may receive a further award under the DSBP in respect of a proportion of any bonus he receives for the Company’s financial years ending 31 March 2021 and 31 March 2022.
Any shares acquired on the exercise of the options (if exercise occurs) will be subject to the Remuneration Committee’s right under the DSBP to apply malus and clawback provisions.
4. Share incentives
The Remuneration Committee has determined that Mr Greenslade will be treated as a good leaver in respect of his outstanding unvested share options under the Landsec Long-Term Incentive Plan 2015 (the “LTIP”). In accordance with the rules of the LTIP, Mr Greenslade’s outstanding unvested LTIP share options will vest on the normal vesting dates, subject to satisfaction of the relevant performance conditions and on a time pro-rated basis as detailed below:
In accordance with the rules of the LTIP, Mr Greenslade will be required to retain and shall not be permitted to transfer or otherwise dispose of any shares that have vested under the LTIP for a period of two years after the vesting date shown in the table above.
Any shares acquired on the exercise of the options will be subject to the Remuneration Committee’s right under the LTIP to apply malus and clawback provisions.
Mr Greenslade is also treated as a good leaver in relation to any options granted under the Company’s Sharesave Plan more than three years before he leaves employment. These options will remain exercisable for a period of six months after termination.
5. Further Information
The relevant remuneration details relating to Mr Greenslade will be included in the Directors' Remuneration Report in the Annual Report and Accounts for the year ended 31 March 2021.
Other than the amounts disclosed above, Mr Greenslade will not be eligible for any remuneration payments or payments for loss of office.
In line with best practice, Mr Greenslade is contractually bound to hold Landsec shares which are equivalent in value to no less than 200% of his current base salary for a period of two years based on the Company’s share price on 28 September 2020 of 528.90p. This shareholding requirement will be recalculated on 31 May 2021 and 29 September 2021 in each case based on the Company’s share price as at close of business on the relevant date. In the event the Company’s share price is higher on those dates, the number of shares that Mr Greenslade is required to hold until 29 September 2023 will be adjusted accordingly. The holding period will commence on 29 September 2021. These may include vested shares under the LTIP.
In accordance with section 430(2B) of the Companies Act 2006, the information contained in this document will be made available on Landsec’s website until its next Directors' Remuneration Report is made available.
1 This reflects time pro-rating, but the number of shares which vest will be subject to the achievement of the relevant performance conditions.
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