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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  Land Securities Group plc    LAND   GB0031809436

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Land Securities Group plc : Victoria's transformation continues with new lettings to Jamie Oliver and Royal Quarter Café

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03/06/2013 | 04:49am EST
Victoria's transformation continues with new lettings to Jamie Oliver and Royal Quarter Café

6 March 2013

Land Securities is delighted to announce two new dining destinations in Victoria, as the company delivers on its long-term vision to ensure the area fulfils its potential as one of London's most exciting neighbourhoods.

Jamie Oliver is taking 7,700 sq ft across the ground and first floor of Kings Gate, SW1 whilst The Royal Quarter Café will be taking the 2,800 sq ft retail unit at Wellington House, SW1. This will be The Quarter Group's fourth premises in London, and will expand upon the highly successful Chelsea Quarter Café on the King's Road, The River Quarter Kitchen in Battersea, Plantation Wharf, on the Thames, and the recently opened café in Heal's on Tottenham Court Road.

Colette O'Shea, Head of Development in London at Land Securities, said:

"We are very excited to welcome Jamie Oliver's and The Royal Quarter Café to Victoria. In the heart of SW1, Victoria is returning to its rightful place at the centre of London life - a place where people want to live, work, shop and socialise. The two restaurants will be a great addition to the area, catering to local residents, visitors and world-leading firms such as Microsoft, Jimmy Choo, Tom Ford and Burberry, which already call Victoria home."

-Ends-

For further information please contact:

Land Securities Group PLC
Press
Camilla Cunningham
T: +44 (0)20 7024 5469
Camilla.Cunningham@landsecurities.com

Blue Rubicon:
T: +44 (0)20 7260 2700
landsecurities@bluerubicon.com

For press enquiries on The Royal Quarter Café, contact:
Network London PR - Maureen Mills or Georgia Bateman
Tel - 020-8947 4474, or email - info@networklondonpr.com

Victoria's transformation continues with new lettings to Jamie Oliver and Royal Quarter Cafe

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Financials ( GBP)
Sales 2017 605 M
EBIT 2017 513 M
Net income 2017 -502 M
Debt 2017 2 951 M
Yield 2017 3,58%
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 18,2x
EV / Sales 2018 17,5x
Capitalization 8 065 M
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Mean consensus OUTPERFORM
Number of Analysts 21
Average target price 11,2  GBP
Spread / Average Target 9,4%
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NameTitle
Robert Montaque Noel Chief Executive Officer & Executive Director
Dame Alison J. Carnwath Chairman
Martin Frederick Greenslade Chief Financial Officer & Executive Director
Christopher John Bartram Independent Non-Executive Director
Simon Dan Palley Independent Non-Executive Director
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