Land Securities PLC are proposing a final dividend for the year of 9.0p per share which, together with interim dividends already paid, makes for total dividends of 27.0p per share for the full year.
Other financial highlights include:
Revenue profit down 39.4% to £251m
Loss before tax for the year of £1,393m (2020: loss of £837m)
Adjusted diluted earnings per share down 39.4% to 33.9p
Combined Portfolio valued at £10.8bn, with a valuation deficit of £1,646m or 13.7%
EPRA net tangible assets per share down 17.4% to 985p
Ungeared total property return of -9.6%
Total business return of -15.9%
Like-for-like net rental income, down £165m or 30.4%
