Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndothedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comUndoReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionUndo Land Securities ramps up City development plans Thursday 11 November 2010 8:04 pm Share whatsapp whatsapp Show Comments ▼ KCS-content Tags: NULL Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap LAND Securities, the country’s largest listed property firm, posted a 6.7 per cent rise in the value of its net assets yesterday and pledged to accelerate its development work in the City. Land Securities’ portfolio gained 3.4 per cent in value to £9.7bn in the six months to the end of September, and the firm committed to start developments worth more than £1bn. Rental values in the firm’s extensive London portfolio rose 1.1 per cent, in the first positive move since 2008. This rise contributed to an underlying pre-tax profit of £135.9m for the period, a rise of 5.8 per cent on last year. Chief executive Frances Salway told City A.M. that as well as filing planning permission to redevelop 60 Ludgate Hill and 110 Cannon Street, the company is in the final stages of securing an unnamed second office tenant at One New Change, where 10,000 shoppers a week are now visiting. Salway said that an influx of foreign investors in the City market had hampered Land Securities’ efforts to buy new sites, but that buoyant market conditions had also worked to its advantage. The company made sales worth £213m in the last six months, representing an overall 8.8 per cent gain on March 2010 valuations.