Hammerson has retained the dubious honour of being the most shorted real estate stock in the UK
Shopping centre rents hit by full force of virus
The landlord has collected just 37% of rent due from tenants for Q2
Decision taken in light of the impact of coronavirus on the market
Chief executive’s total pay package up 33% on previous year.
Landlord in talks with logistics firms to convert underused spaces at its flagship shopping centres
The value of Hammerson’s portfolio fell by 16.2% to £8.3bn in the year ending December 2019
Hammerson has exchanged contracts on the largest deal for a UK retail park portfolio in a decade
About 6.8% of Hammerson’s issued share capital was being shorted as of 18 February
Simon Betty will be responsible for driving the REIT’s mixed-use strategy in a newly created role
The 205-bedroom hotel will be built next to Hammerson’s Victoria Gate centre
Birmingham City Council gives green light to mixed-use scheme