UK mall owner Hammerson narrows loss as property market recovers from pandemic slump

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Malaysia News News

Hammerson, which owns flagship shopping centres including Brent Cross in London and the Bullring in Birmingham, reported a net loss of £429.1m

UK and European mall owner Hammerson narrowed its losses in the year to end-December, pointing to a recovery in the commercial real estate market that was disproportionally affected by lockdown restrictions to manage the Covid-19 pandemic.

Hammerson, which owns flagship shopping centres including Brent Cross in London and the Bullring in Birmingham, reported a narrower net loss of £429.1m from £1.73bn a year earlier...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SA’s renewable power plans get big boost with investment by UK and NorwayThe investment will fund the development of 2.4GW of new wind and solar projects in SA
Source: BDliveSA - 🏆 12. / 63 Read more »

SA’s renewable power plans get big boost with investment by UK and NorwayThe investment will fund the development of 2.4GW of new wind and solar projects in SA
Source: BDliveSA - 🏆 12. / 63 Read more »