Landsec reports ‘return to growth’ at major retail destinations

St Davids shopping centre

Property group Landsec has posted an improved performance from its ’major retail destinations’ portfolio. 

Landsec, owner of shopping centres such as St David’s in Cardiff and Gunwharf Quays in Portsmouth, reported that its new operating model had helped its major retail locations lift like-for-like sales 1.1% last year.

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