Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Hammerson appoints premium outlets MD

Property company Hammerson has appointed Simon Travis as managing director of premium outlets, to build on its outlet growth. 

Travis will continue his responsibility as group investment director, a role he undertook in 2018, alongside the new role. He will take over from current CFO and premium outlets MD, Timon Drakesmith. 

Travis joined Hammerson in 1998 and has held a number of roles including investment manager and business development director. 

Premium outlets account for 27% of Hammerson’s property portfolio, with 20 outlets in 14 European countries. 

The news comes after Hammerson sold its majority stake in Parisian retail destination Italie Deux, as it reported a loss in its half-year results, last month. 

The shopping centre owner reported a pre-tax loss of £319.8m for the six months to 30 June, sinking from a profit of £55.7m in the previous year. Adjusted profit fell by 10.5% to £107.4m as net rental income shrank by 12.3% to £156.6m. 

In line with the businesses strategic focus on debt reduction, Bruce Nutman has been appointed as senior investment manager. Nutman has specialised in retail investment for over 20 years, most recently at leading industry adviser Time Retail Partners. 


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.