Hammerson

Global fashion players operating stores in Europe’s shopping centres and high streets will be demanding, even enforcing in some countries such as Spain, rent holidays over the next few months as COVID-19 continues to take a greater hold, says GlobalData, a leading data and analytics company. Honor Strachan, Principal Analyst at GlobalData, comments: “Landlords will...

Hammerson has announced its reshaped strategy to elevate and accelerate performance with a higher quality portfolio of winning destinations, enhanced by greater levels of operational excellence and capital efficiency.The new focus will solely be on two winning retail segments...

Australian company Westfield, which runs two of UK’s highest-earning shopping centres is being bought by French property giant Unibail-Rodamco for $24.7 billion in what is being termed as a mega deal, the largest acquisition of an Australian company in history. With the closing of...

British shopping centers owner Hammerson has agreed to buy smaller rival Intu Properties for about £3.4 billion ($4.56 billion) to create a pan-European real estate giant controlling assets worth £21 billion. Hammerson owns the Brent Cross shopping centre in London, as...