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United Kingdom: market value Landsec shopping malls 2014-2020

Published by Statista Research Department, May 11, 2021
As of 2020, the market value of shopping centers owned or partly owned by Land Securities Group in the United Kingdom reached 2.8 billion British pounds. A year earlier, the market value for such segment stood at nearly 2.6 billion pounds. 2020 figure comprises London retail and regional retail. London retail is made of retail space in offices, One New Change, The O2 Centre, Southside, Lewisham, and Shepherd's Bush. Meanwhile, regional retail includes shopping centers in major retail locations across the UK.

Market value of shopping centers owned by Land Securities in the United Kingdom (UK) from financial year 2014 to financial year 2020 (in million GBP)

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Source

Release date

June 2020

Region

United Kingdom

Survey time period

Financial year 2014 to financial year 2020**

Special properties

value includes retail space in office buildings in London

Supplementary notes

* Figure calculated by Statista based on the information provided by the source.
** Financial years end on March 31st each year.
Figures for years prior to 2020 were taken from previous annual reports by the source.

The sources adds the following definition of market value: 'Market value is determined by the Group’s external valuer, in accordance with the RICS valuation standards, as an opinion of the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm’s-length transaction after proper marketing.'

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