Land Securities has expanded its pipeline of office development opportunities to £2bn and it will be launching a new flexible office product in the new year, “catering for increasing customer demand for flexible, serviced solution” according to its half-year report.
The REIT said it delivered a robust performance in an uncertain market in the six months to the end of September during which time some £188m – or 1.4% – was shaved off the value of its portfolio, pushing its net asset value down to 1,385p a share.
