373
Fashion Jobs
SHISEIDO
FP&A Manager (Korean Only)
Permanent · SEOUL
AESOP
Aesop Hanam Starfield - Retail Consultant
Permanent · HANAM-SI
ADIDAS
Senior Specialist, Buying & Trading, E-Commerce
Permanent · SEOUL
ADIDAS
Manager, Personalization & Apps, E-Commerce
Permanent · SEOUL
ADIDAS
Senior Manager, Legal Counsel, Legal
Permanent · SEOUL
HENKEL
Finance Business Controller For Shiseido Professional Brand
Permanent ·
L'OREAL GROUP
[l'Oreal Korea] Kiehl's - CRM & Trade Mkt sr. Specialist~Manager
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] (jr.) Claim Substantiation Specialist - Corporate Regulatory Affairs
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] (sr.) Product Manager - Kerastase Marketing Team, Ppd
Permanent · SEOUL
UNDER ARMOUR
Associate, HR Administration
Permanent · SEOUL
ARKET
Visual Merchandising Manager
Permanent · BUSAN
PUIG
Marketing Manager
Permanent · SEOUL
JAEGER
[Jaeger Lecoultre] Marketing & Communication Director
Permanent · SEOUL
ESTÉE LAUDER COMPANIES
Corporate Account Executive For Travel Retail Korea, Estee Lauder Companies
Permanent ·
ESTÉE LAUDER - BRAND
Assistant Education Manager, Estee Lauder
Permanent · SEOUL
L'OREAL GROUP
[l'Oreal Korea] Luxe Div. - Lancome E-Commerce Specialist
Permanent · SEOUL
COS
Instore Visual Merchandiser Manager_seoul/Gyeonggi
Permanent · SEOUL METROPOLITAN AREA
AESOP
Shinsegae Gwangju - Retail Consultant
Permanent · GWANGJU
COACH
Manager, Ecommerce
Permanent · SEOUL
ADIDAS
Manager, Business Planning & Analysis, Wholesales
Permanent · SEOUL
HENKEL
Adhesive Key Account Manager For Sports And Fashion Market
Permanent · BUSAN
HENKEL
Consumer Brands General Manager Assistant
Permanent ·
Published
Nov 16, 2021
Reading time
2 minutes
Download
Download the article
Print
Text size

Busy Landsec returns to profit, plans to decarbonise portfolio

Published
Nov 16, 2021

Add together the return of shoppers and workers to UK cities and a stronger-than-expected economic recovery from the pandemic and that amounts to a speedy return to profit for Landsec, the UK’s largest commercial property giant said Tuesday.


Bluewater


The Bluewater mall owner posted pre-tax profits of £275 million for the six months to 30 September, recovering from the £835 million loss recorded in the same period a year earlier.

The gradual return to stores and offices also helped underpin the value of Landsec’s portfolio of commercial property, which increased in value by £81million. In the previous pandemic-hit financial year, the group’s portfolio value was cut by £1.6 billion, or 13.7%.

And it’s been a busy six months for Landsec, with the firm having disposed of £250 million of assets while making progress with £616 million worth of acquisitions to “accelerate its strategy and provide greater opportunities for growth”.

And, according to chief executive Mark Allan, that strategy involves “shaping three distinct places”: major retail destinations, mixed-use urban neighbourhoods and central London offices “to bring renewed vigour to the business”.

To that end, Landsec agreed this month to buy U+I, a regeneration-focused developer with large plots of land in Manchester and London, for £190 million. In the same week, the group said it had also taken a majority stake in MediaCity in Salford, the Greater Manchester base for the BBC and ITV, for £425.6 million. 

Meanwhile, the company has also unveiled plans and £135 million in funding to reduce carbon emissions from its estate by 70% by 2030.

Allan added: “Our actions over the last six months and throughout the pandemic have enabled us to significantly increase operational activity and we remain in a strong financial position. We look forward to demonstrating further progress over the coming months.”

Copyright © 2024 FashionNetwork.com All rights reserved.