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Should You Buy Land Securities Group Today?

Royston Wild
April 18, 2013

LONDON -- Shares in real-estate investment trust (REIT) Land Securities Group (LSE: LAND) have gradually edged higher over the past year, striking their highest since summer 2011 above 863 pence in the process. And I believe that the stock has the legs to punch further solid gains as its development pipeline rumbles promisingly forwards, propping up its reputation as a lucrative dividend bet.

Earnings rebound expected from this year
Land Securities announced in January's interims that it signed 5.8 million pounds worth of new lettings in London since the beginning of the third quarter, with an additional 8.6 million pounds being dealt with by solicitors. It inked 5 million pounds of new lettings in its Retail portfolio, with a further 1.4 million pounds in solicitors' hands. The firm has also star