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Whittaker builds up 4.6% stake in Hammerson

WEEKEND PAPERS: Property tycoon John Whittaker has built up a 4.6% stake in shopping centre owner Hammerson via his company, Peel Holdings.

The stake, said to have been amassed since February, is valued at £213m based on Hammerson’s current share price. Whittaker is said to view the property sector as cheap.

Whittaker also has a 27% stake in Intu Properties and there has been speculation about a possible merger of it and Hammerson.

Click here for the full Sunday Times article (£)

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