Landsec flat near 660p as UK REITs watch BoE rate decision, dividend date nears
Land Securities Group PLC traded at 660p, up 0.15%, with volume at 2.66 million shares by early afternoon. The stock goes ex-dividend for a 22.2p payout on June 18, the same day as the Bank of England’s rates decision. Shares remain about 3% below their 52-week high and trade at a 25% discount to EPRA NTA. Net debt stands at £4.23 billion, with a loan-to-value ratio of 38.7%.