Landsec news and archive

Landsec to invest 17 million pounds into former Debenhams unit

Real estate group Landsec has submitted a planning application as part of a 17 million pound investment into transforming a former Debenhams unit at St David’s in Cardiff. The proposal builds on a targeted strategy of investment, Landsec said, as it looks to strengthen its portfolio of catchment dominant retail destinations. The move is in...

Retail

Inditex to open new stores in Bluewater and St David’s shopping centres

Spanish retail group Inditex has signed three store deals with landlord Landsec in two of its prime retail destinations – Bluewater in Kent and St David's in Cardiff. The move will see fashion chain Pull & Bear open its first store in Wales in St David’s, where the brand has secured an 8,500-square-foot unit across two floors. The group will...

Retail

Landsec submits second planning application for Gunwharf Quays

Real estate firm Landsec has submitted its second planning application to the Portsmouth City Council in regards to its planned investment into Gunwharf Quays. The programme, valued at 45 million pounds, looks to build on the outlet shopping centre’s position in the UK market, as it looks to secure both new and returning guests in the coming...

Retail

Sustainable retail could boost UK economies by 100 million pounds, report says

Sustainable retail locations could help brands achieve double-digit revenue growth and inject almost 100 million pounds into local UK economies over the coming 10 years, according to a new report. New modelling, carried out by property giant Landsec and Bradshaw Advisory, found that brands opting to rent space in sustainable locations rather...

Retail

Lone Design Club announces partnership with Landsec and Trinity Leeds

Retail disrupter Lone Design Club (LDC) is launching in Leeds after announcing a new strategic partnership with Landsec and Trinity Leeds. LDC will be working with Trinity Leeds shopping centre to “bridge the gap between sustainable living and wellness brands” with the opening of the ‘My Sanctuary: My Home’ immersive pop-up experience. The...

Business

Landsec COO to step down as company’s growth strategy develops

Land Securities Group (Landsec) has announced that its chief operating officer Colette O’Shea is set to leave the company from March 31, 2023, after a transitional period. It comes as the real estate business announced the next phase of its growth strategy, which it began implementing in 2020 under CEO Mark Allan. In a release, Landsec said it...

Retail

Laings opens first dedicated Omega showroom in Wales

Luxury retailer Omega has opened its first dedicated showroom in Wales, located at Hayes Arcade, St David’s Cardiff. Set in an 838 square foot space, the watchmaker’s first mono-brand showroom in the region will be operated in partnership with Laings, the luxury jewellery retailer, and will feature an array of the brand’s collections, including...

Retail

Landsec appoints new retail leasing panel

Real estate company Landsec has announced the appointment of a new retail leasing agent panel that will work across its retail and hospitality portfolio. The panel, which will sit as part of the firm’s new operating model launched last year, includes CBRE, Bruce Gillingham Pollard, Colliers, Curson Sowerby Partners and Time Retail Partners. Each...

RetailFeatured

Landsec launches flexible leasing options for retailers

Commercial property developers Landsec has launched a new suite of products offering more flexible lease options, ranging from one day to three years for retail and hospitality, in response to rising demand from digital natives and the rapidly evolving needs of traditional retailers. The new retail leasing strategy features four packages...

Retail

Nike Unite to debut at Portsmouth’s Gunwharf Quays

Nike is set to open its new Nike Unite concept at Landsec-operated Gunwharf Quays in Portsmouth, during spring 2022. The community-centred concept is focused on helping people connect with sport, and will feature an in-store community wall highlighting the store’s team and local partnerships. The wall will also spotlight local landmarks and...

People

Landsec creates managing director of strategy and capital markets role

Property firm Landsec, which owns shopping centre Bluewater, has appointed Remco Simon to its executive leadership team in the newly created role of managing director of strategy and capital markets. Simon joined Landsec on January 10 from St Modwen, where he served as managing director of strategy and corporate development. He has more than 15...

Retail

Landsec signs five new brands at Trinity

Landsec has announced the addition of five retail and lifestyle brands to Trinity, in Leeds. This latest announcement is a part of the brand’s drive to secure regional debuts, relocations and upsizes into the destination. Levi’s has relocated from the Leeds city centre to Trinity, upgrading to a 2,500 square foot store. Recently, Space NK’s...