JSE-listed Hammerson Plc, the owner of the UK’s iconic 44-year-old Brent Cross London shopping centre and Birmingham’s Bullring mall, has an opportunity to buy highly rated UK retail assets on the cheap.

Intu Properties, which owns 17 malls in the UK and one in Spain, is facing its darkest hour as tries to raise cash so it can fund its day-to-day operations.

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