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Try not to laugh, Landsec is 'positioning for growth'!

Back in May I concluded that I would 'continue to steer clear of the FTSE-100 commercial property behemoths'. That article particularly referenced Land Securities (LAND) and in the five plus months since then - despite global capital markets generally being risk-on during this period - shares in this particular commercial property play have not recovered one iota (and despite a share price that has declined by two-thirds over the last five years). Anyhow today sees the big Land Securities - or 'Landsec' as it now trendily calls itself - fightback plan, which the company itself tags as 'positioning Landsec for growth'...

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