Land Securities acquires modest stake in Lend Lease Retail Partnership
Land Securities has marginally increased its stake in the Bluewater shopping centre in Kent after acquiring a 1.6% stake in the Lend Lease Retail Partnership for £12.8m.
FTSE 100
8,213.49
16:39 03/05/24
n/a
n/a
Land Securities Group
667.00p
16:35 03/05/24
1.44%
9.50p
The partnership's major investment is a 25% stake in Bluewater.
The FTSE 100 group announced back in June that it had taken a 30% interest in the shopping centre.