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
8,023.87
17:09 22/04/24
n/a
n/a
Land Securities Group
640.50p
17:05 22/04/24
0.95%
6.00p
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.