Tag : Hammerson
Birmingham's burgeoning retail sceneVideoSubscription
It is the country’s second city, but is Birmingham the right location for retail expansion? Drapers takes a trip
Hammerson hires new CFOSubscription
Property company Hammerson has appointed James Lenton as chief financial officer (CFO) and an executive director, and will assume the respective roles on 16 September and 1 October.
Independents in Croydon said the long-delayed Westfield development will be “too little too late” to save the town, which has become a retail graveyard.
Hammerson appoints premium outlets MDSubscription
Property company Hammerson has appointed Simon Travis as managing director of premium outlets, to build on its outlet growth.
Property company Hammerson has sold its majority stake in Parisian retail destination Italie Deux, as it swings to a loss in its half-year results.
Hammerson appoints operations directorSubscription
Shopping centre owner Hammerson has appointed Howard Ebison as its new operations director.
Hammerson to slash department store spaceSubscription
Shopping centre owner Hammerson will reduce department store space by 25% as part of its disposal programme to reduce debts by £500m.
Terry Duddy steps down from Hammerson board Subscription
Terry Duddy has stepped down as non-executive director at Hammerson after taking up the role of interim chair at Debenhams earlier this month.
Shopping centre owner Hammerson have announced intentions to focus on flagship retail destinations and premium outlets as half year IFRS profit for the period was down 80.6% to £55.7m, which it blamed on “the net revaluation deficit on the group’s property portfolio of £40.1m in the first half of 2018, compared with net gains of £187.9m in 2017.”
Hammerson initiates strategy reviewSubscription
Hammerson has drafted in the global management consultant firm McKinsey & Co as the shopping centre owner prepares to launch a new strategy to its shareholders next month.