Amigo Loans founder James Benamor has built up a £36m stake in Hammerson, betting on a “bright future” for bricks-and-mortar retail.
Over the past two years Richmond Group, Benamor’s family office, has built a 3.03% holding in the debt-laden shopping centre owner
Richmond usually backs start-ups involved in financial and property technology, but Benamor said he had begun buying shares in Hammerson as a “hedge against inflation” and praised the “strong progress” made under chief executive Rita-Rose Gagné.
