Landsec boosts profit, outlines investment plans

Landlord firm Landsec swung to a profit for the year ended March 31, 2025, as its like-for-like net rental income rose 5 percent. The company reported a profit of 393 million pounds for the period, up from a loss of 341 million pounds in the year prior. Its net sales rose 3.4 percent year-on-year, alongside a 0.4 percent increase in footfall across all retail destinations.