Land Buildings Investment Management, LLC

Land & Buildings Investment Management is a Stamford-based investment firm that specializes in activist investing in the real estate sector. The firm was founded in 2008 by Jonathan Litt and has since grown to manage over $1.5 billion in assets. Land & Buildings takes significant stakes in companies and uses its position to push for strategic changes that improve shareholder value. The firm is known for its expertise in real estate and its willingness to engage in public activism. One of Land & Buildings' most notable campaigns was its investment in Taubman Centers, a shopping mall owner and operator. In 2019, Land & Buildings took a 1.2% stake in the company and pushed for changes in its management team and strategic direction. The campaign was successful, with Taubman Centers agreeing to sell itself to Simon Property Group in 2020. Other notable campaigns by Land & Buildings include its investments in Hudson's Bay Company, where it pushed for changes in the company's real estate strategy, and in Brookdale Senior Living, where it pushed for changes in the company's leadership and governance.