Land Securities Group Plc (LAND.L) Announced, in its third quarter interim management statement, that the group witnessed a good third quarter with robust operational performance, including record footfall in its shopping centres and continued letting momentum in its development programme. It reported disposals of £450.5 million during the quarter, bringing the total to £852.6 million for the nine months ended 31 December 2015. The company reported development and refurbishment expenditure of £67.9 million for the quarter and £292.2 million for the nine months ended 31 December 2015. The group completed £9.9 million of investment lettings in the quarter, with a further £11.9 million of lettings currently in solicitors' hands. On a same centre basis, retailer sales were up 1.2% during the quarter. Adjusted net debt stood at £3,528.4 million (30 September 2015: £4,008.3 million). Cash and undrawn facilities stood at £1,625.5 million.