12th Jun 2006 09:09
Land Securities Group Plc12 June 2006 12 June 2006 LAND SECURITIES GROUP PLC ("Land Securities"/"Group") Land Securities secures further letting at Cardinal Place, Victoria Land Securities announces today that it has exchanged contracts for the lettingof 48,016 sq ft (4,460 sq m) at 80 Victoria Street, part of the Cardinal Placeestate in Victoria. Experian, the leading global information solutions company, has taken the entiresixth floor of 80 Victoria Street on a 15 year lease as its new corporateheadquarters. Mike Hussey, Land Securities' Managing Director, London Portfolio, commented: "Experian joins a mix of top quality organisations which have chosen to basethemselves in our flagship scheme that has transformed both the office andretail offer in Victoria." Andrew Sharp, Senior Project Manager, Experian said: "The location and amenitiesat Cardinal Place offer us ideal accommodation and we are very excited to belocating our new offices there. With the excellent transport links andVictoria's new vibrant feel, I have no doubt that our staff will enjoy greatlytheir new office." The Experian deal is the latest in a series of successful lettings at CardinalPlace where over last 16 months just under 180,000 sq ft of office space hasbeen let. Land Securities was advised by Jones Lang LaSalle and CBRE; Experian wasrepresented by ColliersCRE. -Ends- For further information please contact: Mike Hussey / Emma Denne Stephanie Highett/Dido LaurimoreLand Securities Financial DynamicsTel: 020 7413 9000 Tel: 020 7831 3113 NOTES TO EDITORS Land Securities Experian has taken a 15 year lease on the 48,016 sq ft (4,461 sq m) officeaccommodation. Other office occupiers in the Cardinal Place estate include: P&O, 3i plc,Canaccord Adams Ltd, Wellington Management International and Kazakhmys plc. Land Securities Group PLC Land Securities is a FTSE 100 company, quoted on the London Stock Exchange. Ithas been at the forefront of the UK's commercial property industry for over 60years. Today, the Group maintains its market leading position as the UK's largestquoted property company by providing commercial accommodation and propertyservices to a wide range of occupiers. The Group's objective is to createattractive and sustainable returns for its shareholders through its activities,which include property investment, development and property outsourcing. Land Securities holds a market leading position in three areas of the UKcommercial property market: • Retail, • London offices and • Property outsourcing. It owns and manages 6.4 million sq m of commercial accommodation. LandSecurities' investment portfolio includes office and retail space in CentralLondon, 30 shopping centres, 30 retail parks and 10 supermarket propertieslocated across the UK. It has a substantial development programme including major retail-led urbanregeneration schemes and Central London mixed-use developments. The Group isalso master planning one of Europe's largest regeneration schemes in KentThameside. The Group leads the market in property outsourcing where, through LandSecurities Trillium, it provides accommodation and property-related services tothe Department for Work and Pensions, the BBC, Norwich Union, Barclays Bank,DVLA and through Telereal to BT. The Group is committed to environmental initiatives and community involvementrecognised by the Group's inclusion in the BiTC Corporate Responsibility Index,FTSE4Good Index and the Dow Jones Sustainability Index. For more information on Land Securities visit www.landsecurities.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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