Land Securities Group, the largest commercial property development and investment company in the UK has recorded encouraging footfall levels.
The company will also be reinstating its shareholders dividend from November, even though a select number of retailers are choosing not to pay rent.
Landsec has stayed ahead of other property companies such as Intu and Hammerson, however come rent day they were still left short changed as they only managed to collect 94 per cent of rents due for the equivalent period a year ago.
The group said it “remained in a financially robust position” and, in a marked difference from other listed landlords.
