Piccadilly landlord says office market remains strong despite half-year pretax loss
Land Securities, one of Britain’s biggest property companies, has written down the value of its portfolio by almost £1bn but said interest in the London office market remained strong, with a growing focus on health and wellbeing.
The pandemic has led to a surge in the number of people working from home, but Mark Allan, the Landsec chief executive, was confident that demand for office space would hold up.
