Home Business Bluewater owner Land Securities losses mount as offices, malls sit empty Business Bluewater owner Land Securities losses mount as offices, malls sit empty By Genpie - May 12, 2020 81 0 Facebook Twitter Google+ Pinterest WhatsApp Property developer Land Securities on Tuesday reported an annual pretax loss of more than $1 billion as coronavirus-driven shutdowns left office and retail space empty, resulting in defaults on rent payments.