Bullring operator Hammerson says it’s received only 40% of second quarter rent as shopping curbs loosen Hammerson made a £2bn writedown and recorded a £1.7bn annual loss in 2020 Himanshu Raja has been announced as the firm’s new chief financial officer The firm is in negotiations to sell seven of its UK retail parks for … Read more
The pandemic has produced a litany of winners and losers on the stock market. Among those to have suffered most is shopping centre operator Hammerson – at least until now. Shares in the firm, whose sites include the Bullring in Birmingham, Brent Cross in London and Cabot Circus in Bristol, jumped another 13.3 per cent … Read more
Shopping centre owner Hammerson paid just a third of rents as its tennants struggle in the pandemic By Daily Mail City & Finance Reporter Published: 21:52 BST, 15 October 2020 | Updated: 21:52 BST, 15 October 2020 Hammerson only collected 38 per cent of its UK rents due for the current quarter after shop tenants … Read more
MARKET REPORT: Shares in Hammerson tumble after the shopping centres owner reveals plans to boost its battered finances By Matt Oliver For The Daily Mail Published: 22:03 BST, 3 August 2020 | Updated: 22:03 BST, 3 August 2020 Shares in Hammerson tumbled after the shopping centres owner revealed plans to boost its battered finances. Following … Read more
BUSINESS LIVE: HSBC profits plunge; Hammerson in sale talks; Purplebricks reports revenue slide By This Is Money Published: 08:04 BST, 3 August 2020 | Updated: 08:09 BST, 3 August 2020 HSBC has reported a 65 per cent drop in pre-tax profit in the first half of the year as the UK’s largest bank was … Read more
Shopping centre giant Hammerson set to tap investors for £600m Hammerson has only received a fraction of rent due over the past six months It is currently the London Stock Exchange’s most shorted company By Neil Craven for The Mail on Sunday Published: 22:31 BST, 1 August 2020 | Updated: 23:02 BST, 1 August 2020 … Read more
Hammerson faces a complete overhaul of its top team as its chairman follows the chief executive through the exit By Daily Mail City & Finance Reporter Published: 22:21 BST, 15 June 2020 | Updated: 22:21 BST, 15 June 2020 Hammerson faces a complete overhaul of its top team as its chairman follows the chief executive … Read more
Hedge funds bet on £500m cash call at shopping centre landlord Hammerson due to coronavirus crisis Hammerson may tap investors for up to £500m to cope with coronavirus crisis A major deal to offload seven retail parks fell through as buyer Orion pulled out Hammerson will get to keep the £21m deposit paid by the bidder … Read more
MARKET REPORT: Shopping centre-owner Hammerson slumps to all-time low after stricken retailers pay just a third of rents By Francesca Washtell For The Daily Mail Published: 22:10 BST, 30 March 2020 | Updated: 22:10 BST, 30 March 2020 Shopping centre-owner Hammerson slumped by a fifth to an all-time low after stricken retailers paid just a … Read more