Hammerson said on Wednesday it sold seven retail parks to Canadian private-equity firm Brookfield Asset Management for 330 million pounds, marking the mall operator's exit from the UK retail parks sector.
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165 published items with the word (s) or phrase Hammerson in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Hammerson exits UK retail parks sector with $459 million assets sale to Brookfield")
Hammerson exits UK retail parks sector with $459 million assets sale to Brookfield -
![]( "Hammerson happy with England reopening, rent collection hits 40%, hires new CFO")
Hammerson happy with England reopening, rent collection hits 40%, hires new CFOWith the retail lights back on in England, UK property giant Hammerson said Tuesday initial footfall since the 12 April reopening has been “encouraging” and “competitive with pre-pandemic levels”.
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![]( "Hammerson cuts store rents by 30% as it continues retailer support")
Hammerson cuts store rents by 30% as it continues retailer supportHammerson is to slash rents for its retail tenants by around 30% as UK stores reopen post-Lockdown 3. UK & Ireland MD Mark Bourgeois said that “typically, we're resetting our rents to more affordable levels”.
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![]( "Hammerson prepares to sell UK retail parks portfolio to Canada’s Brookfield")
Hammerson prepares to sell UK retail parks portfolio to Canada’s BrookfieldHammerson is selling its UK retail parks to Canadian private equity firm Brookfield for around £350 million, according to one report. However, on Monday, Hammerson said any deal is far from being sealed.
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![]( "New stores: Hilfiger returning to Scotland, Zara goes big in Wales")
New stores: Hilfiger returning to Scotland, Zara goes big in WalesTwo major global brands are back on the expansion trail in the UK, with Tommy Hilfiger re-emerging in Scotland and Zara opening a major flagship store in Wales.
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![]( "Hammerson hurt by Covid as rent collections plummet in UK and Europe")
Hammerson hurt by Covid as rent collections plummet in UK and EuropeShopping malls giant Hammerson struggled badly in 2020 as tenants didn't pay their rent and stores in its properties were closed for months on end.
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![]( "Eviction ban extension brings relief for retailers, but landlords are unhappy")
Eviction ban extension brings relief for retailers, but landlords are unhappyStruggling UK retailers will be able to breathe slightly easier with news the government has extended a ban on landlords evicting commercial tenants or recovering rent debts for at least three months.
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![]( "Hammerson hammered: enforced store closures hit rent collections")
Hammerson hammered: enforced store closures hit rent collectionsThe knock-on effect of the pandemic on its tenants has hit commercial property giant Hammerson - which owns the Bullring among other major malls - pretty hard.
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![]( "Lenton to quit as Hammerson CFO following sale of Via Outlets business")
Lenton to quit as Hammerson CFO following sale of Via Outlets businessHammerson said Friday its chief financial officer James Lenton is to leave the UK property giant after 15 months. But the board said Lentos will continue in his role until a successor is found.
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![]( "Westfield names Orwin leasing director in UK, Italy")
Westfield names Orwin leasing director in UK, ItalyUnibail-Rodamco-Westfield has appointed Kate Orwin leasing director for the mall giant’s UK & Italy operations. She joins 26 February from UK rival Hammerson.
