Landsec : H1 FY25 results: guidance increased, good underlying performance
>FY 2025 guidance increased, positive revaluations - Central London: 5.5% like-for-like net rental income growth, with occupancy increasing by 60bps to 97.9%. Signed or in-process lettings total £16m, exceeding ERV by 3%, and relettings/renewals are 7% above previous rents.Major retail: 3.1% LFL net income growth, with LFL occupancy up 70bps to 96.0% and £26m of lettings signed or in solicitors’ hands 7% above ERV and 4% ahead of previous rent for relettings/rene...Land Securities Group is a real estate investment trust. Co. buys, sells, develops and manages commercial property in the U.K. Co.'s operations are organized into two operating segments, the London Portfolio and the Retail Portfolio. The London Portfolio includes all Co.'s London offices and central London shops and the Retail Portfolio includes all Co.'s shopping centers and shops (excluding central London shops), hotels and leisure assets and retail park properties.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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