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Mark Allan

Chief Executive Officer, L Securities

Search every verified Mark Allan interview, podcast appearance, and on-the-record quote β€” each transcript cross-checked by AI and human review to confirm speaker identity. Mark Allan, Chief Executive Officer of Land Securities Group PLC, presented the company's investment case during an investor presentation on July 15, 2026. He described Landsec as the largest UK-focused real estate investment trust (REIT), with a portfolio concentrated on prime central London offices and major retail destinations. Allan stated that the company aims for earnings growth of approximately 5% per annum between 2026 and 2030, and outlined plans to reduce net debt to EBITDA from around eight times to below seven times. Allan commented on market conditions, saying he has "never seen a market where there has been such strong support for rental growth in existing assets," attributing this to a concentration of demand into the best locations. He also noted that building a new shopping center would cost "over twice what it would be worth," adding that no new centers are being built and retailer demand is therefore concentrated into existing assets.

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