11:06 AM EDT, 10/01/2026 (MT Newswires) -- Real estate investment trust Land Securities Group (LAND.L), d/b/a Landsec, priced its non-preemptive share placing, with 81,819,504 shares placed with investors. UBS AG London Branch, Barclays Bank, and Deutsche Bank AG, London Branch, placed the shares at 6 pounds sterling per share, according to a Thursday release. Proceeds will partially fund the real estate investment trust's acquisition of Metrocentre and further consolidate its interests in its existing retail portfolio. Landsec expects the placing, its retail offer and subscription offer to bring in gross proceeds of 500 million pounds through the issuance of 83,345,000 shares.

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