FTSE 100 news / Companies and sectors / Land Securities / 2 October 2026
Land Securities (LAND): news on Friday 2 October 2026
+6.8 strongly positive
Coverage was dominated by Landsec's £516m purchase of the Metrocentre in Gateshead and the £500m share placing, retail offer and subscription that funded it. The tone leans positive, with shares reported rallying, though one report noted some placing orders risked falling below 600p.
What drove it
- Metrocentre acquisition
- £500m equity raise
- share price rally
The 37 stories
- +10.0 FTSE 100 movers: Landsec rallies on shopping centre acquisition; Weir, BAT go ex-div
Shares rallied on acquisition - +7.5 Landsec Buys Metrocentre for 516m: Inside the UK's Biggest Shopping Centre Deal of 2026
Major acquisition of Metrocentre, expanding retail portfolio - +7.0 Metrocentre acquired by Landsec in £516m deal
Metrocentre acquisition confirmed - +7.0 Landsec takes full control of Gateshead’s Metrocentre
Takes full control of Metrocentre - +7.0 Landsec seals £516m deal for Metrocentre
Deal sealed for Metrocentre - +7.0 Landsec agrees £516m deal to acquire 100% of Metrocentre
Acquires 100% of Metrocentre - +6.7 Landsec Splashes Out £516M On Metrocentre Mall: The London Deal Sheet
Large Metrocentre purchase reported - +6.7 Landsec to buy Metrocentre in Gateshead for over 500 million pounds
Metrocentre purchase reported - +6.7 Landsec raises £500M to buy Metrocentre and double down on retail
Fundraising to fund retail expansion - +6.7 Landsec to buy Gateshead’s Metrocentre in £500m deal
Acquisition of Metrocentre announced - +6.7 Metrocentre shopping complex sold to Landsec in £516m deal - business-live.co.uk
Metrocentre acquisition reported - +6.7 Landsec in £516 million Metrocentre mall swoop
Metrocentre acquisition reported - +6.7 Landsec acquires Gateshead’s Metrocentre for £516m
Metrocentre acquisition reported - +6.7 Landsec Strikes £516M Deal For Mall Portfolio Expansion
Deal expands mall portfolio - +6.7 Land Securities buys Metrocentre in Gateshead; raises GBP500 million
Buys Metrocentre and raises funds - +6.7 Landsec to Acquire UK Retail Property for GBP516 Million
Acquiring UK retail property - +6.7 Landsec Raises £500m to Fund Metrocentre Deal and Retail Portfolio Push
Funding secured for deal and retail push - +6.3 Metrocentre sold for £516m
Metrocentre sale to Landsec - +6.3 Landsec raises £500m for Metrocentre acquisition
Raise completed for acquisition - +6.3 Landsec buys Metrocentre for £516m funded by £500m share issue
Deal funded by share issue - +6.3 Owner of Bluewater shopping centre to buy Metrocentre in £516m deal
Bluewater owner buys Metrocentre - +6.3 Deal to sell Gateshead's Metrocentre to real estate giant for £516m agreed
Deal to buy Metrocentre agreed - +6.2 Landsec Secures £500 Million Through Equity Placing at 600p Per Share to Support Metrocentre Acquisition
Equity placing completed to support acquisition - +5.8 Land Securities taps investors for £500m to buy Metrocentre
Equity raise funds acquisition; investor support - +5.8 New owners announced for major UK shopping centre in North East
Landsec named as new owner - +5.8 Land Securities Raises £500 Million From Placing, Retail Offer And Subscription
Successful £500m raise across placing and retail offer - +5.8 New owner for Metrocentre as £516m takeover agreed
New owner agreed for Metrocentre - +5.8 Metrocentre in Gateshead is sold in deal worth more than £500m
Metrocentre sale reported - +5.5 Landsec to Raise GBP500 Million via Placing, Retail Offer, Subscription
Plans £500m raise via placing - +5.0 Daily market update: Micron, Topps Tiles, Land Securities
Named in market update after deal - +5.0 REG - Land Sec. Group PLC - Landsec Results of Placing
Placing results announced, deal funded - +5.0 Real Estate Investment Trust Landsec Prices Share Placing
Share placing priced to fund deal - +5.0 Gateshead's Metrocentre subject of takeover
Metrocentre takeover reported - +5.0 Land Securities prices £500m share placing at 600 pence By Investing.com
Placing priced at 600p - +4.2 Landsec launches UK retail share offer to help fund acquisitions
Retail share offer to fund acquisitions - +2.5 Is Landsec (LSE:LAND) Signalling A Property Turning Point As Gilt Yields Stay In Focus This Week?
Commentary on property outlook, mildly positive - −1.7 Land Securities Primary ABB Orders Below GBP 6.00 Per Share Risk Missing, Says Bookrunner
Some risk of orders falling below placing price
Land Securities: every day · Real estate on 2 October 2026 · FTSE 100 overview for the day