spacedin Posted August 2, 2019 Share Posted August 2, 2019 (edited) Hammerson has unveiled stinging half-year losses as its portfolio of shopping centres slumped in value amid challenges plaguing the retail industry. The shopping centre giant swung to a loss of £319.8 million in the six months to June 30, compared with a £55.7 million profit in the same period last year. On an adjusted basis, which is Hammerson’s preferred measure, profits were down 10.5 per cent to £107.4 million. Net rental income dropped 12.3 per cent to £156.6 million. https://www.retailgazette.co.uk/blog/2019/07/hammerson-reveals-319-8m-loss-in-half-year-report/ Edited August 2, 2019 by spacedin Quote Link to comment Share on other sites More sharing options...
spyguy Posted August 2, 2019 Share Posted August 2, 2019 The eatery/cinema bit was a stretch too far. I doubt any of the those chains, bar wahahca, will still be going in 10 years. Quote Link to comment Share on other sites More sharing options...
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