Operations
Land Securities owns and manages more than 29,000,000 sq ft (2,700,000 m2) of commercial property, from London offices and high street shops to major shopping centres and out-of-town retail parks. As at 31 March 2011 the property portfolio was valued at £8.9bn.
The Company notably owns the The Piccadilly Lights in Piccadilly Circus in London.
In July 2012, the Company was looking for a volume housebuilder for its development opportunity of 'Eastern Quarry' to be built opposite the Bluewater (shopping centre) in Swanscombe, Kent. It will eventually comprise of 6,250 homes, three primary schools, a secondary school, a health and social care centre, more than 20 acres of new parks, lakes and woodland areas. Phase one, will deliver 1,500 homes. The company has already invested more than £100m in the site, but the plans were put on hold in August 2012 when complications arose over the cost of transport infrastructure. Agreemnet has now been reached with Kent County Council, Dartford Borough Council and Gravesham Borough Council, who agreed with the Department for Transport and the Highways Agency on a reduced cost. The first homes are set to be completed by December 2013
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Famous quotes containing the word operations:
“It may seem strange that any road through such a wilderness should be passable, even in winter, when the snow is three or four feet deep, but at that season, wherever lumbering operations are actively carried on, teams are continually passing on the single track, and it becomes as smooth almost as a railway.”
—Henry David Thoreau (1817–1862)
“A sociosphere of contact, control, persuasion and dissuasion, of exhibitions of inhibitions in massive or homeopathic doses...: this is obscenity. All structures turned inside out and exhibited, all operations rendered visible. In America this goes all the way from the bewildering network of aerial telephone and electric wires ... to the concrete multiplication of all the bodily functions in the home, the litany of ingredients on the tiniest can of food, the exhibition of income or IQ.”
—Jean Baudrillard (b. 1929)
“There is a patent office at the seat of government of the universe, whose managers are as much interested in the dispersion of seeds as anybody at Washington can be, and their operations are infinitely more extensive and regular.”
—Henry David Thoreau (1817–1862)