Retail property specialist Hammerson’s shares have more or less matched the downward trajectory of office-and-warehouse dominated British Land over the past six months, wiping more than 40% off their value and lagging the rest of the market by more that 30%.
But The Observer reports that this week’s results should show a fall of only around 5% in its net asset value, more in line with that from rival Liberty.
The Observer Page 10 24/02/2008;
