As of 2022, the market value of retail parks owned or partly owned by Land Securities Group in the United Kingdom (UK) saw a valuation increase compared to the previous year. In 2022, the company's retail parks were valued at 466 million British pounds, up from 397 million pounds recorded a year earlier.
Market value of retail parks owned by Land Securities in the United Kingdom (UK) from financial year 2016 to financial year 2022
(in million GBP)
Characteristic
Market value in million GBP
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Retail parks are typically located away from town centers.
Supplementary notes
Financial years end on March 31st each year.
Figures for years prior to 2022 were taken from previous annual reports by the source.
The source adds the following definition of market value: 'Market value is determined by the Group’s external valuer, in accordance with the RICS valuation standards, as an opinion of the estimated amount for which a property should exchange on the date of valuation between a willing buyer and a willing seller in an arm’s-length transaction after proper marketing.'
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Land Securities. (June 1, 2022). Market value of retail parks owned by Land Securities in the United Kingdom (UK) from financial year 2016 to financial year 2022 (in million GBP) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1198271/landsec-retail-parks-market-value-united-kingdom/
Land Securities. "Market value of retail parks owned by Land Securities in the United Kingdom (UK) from financial year 2016 to financial year 2022 (in million GBP)." Chart. June 1, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1198271/landsec-retail-parks-market-value-united-kingdom/
Land Securities. (2022). Market value of retail parks owned by Land Securities in the United Kingdom (UK) from financial year 2016 to financial year 2022 (in million GBP). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1198271/landsec-retail-parks-market-value-united-kingdom/
Land Securities. "Market Value of Retail Parks Owned by Land Securities in The United Kingdom (Uk) from Financial Year 2016 to Financial Year 2022 (in Million Gbp)." Statista, Statista Inc., 1 Jun 2022, https://www.statista.com/statistics/1198271/landsec-retail-parks-market-value-united-kingdom/
Land Securities, Market value of retail parks owned by Land Securities in the United Kingdom (UK) from financial year 2016 to financial year 2022 (in million GBP) Statista, https://www.statista.com/statistics/1198271/landsec-retail-parks-market-value-united-kingdom/ (last visited August 25, 2024)
Market value of retail parks owned by Land Securities in the United Kingdom (UK) from financial year 2016 to financial year 2022 (in million GBP) [Graph], Land Securities, June 1, 2022. [Online]. Available: https://www.statista.com/statistics/1198271/landsec-retail-parks-market-value-united-kingdom/