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Published 2 months ago

Brent Cross owner Hammerson's turnaround continues with record leasings

Summary by City AM
British shopping centre giant Hammerson reported a record year of leasing completing 306 deals.  This morning, the property giant gave a positive update to investors, as its balance sheet looked on the road to recovery.  In the full year the firm delivered adjusted earnings growth of 11 per cent to £116m, and said footfall across its estate was up three per cent year-on-year.  Gross rental income for the year totalled £208m, down slightly from £…

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