Hammerson, the UK-based shopping centre group, has managed to perform strongly over the past year despite a low-growth retail environment. The owner, manager and developer of some of Europe’s most high-profile retail destinations grew its total dividend per share 7.6% in the year to December. The company’s portfolio includes investments in 21 prime shopping centres in the UK and France, 19 convenient retail parks in the UK and 15 premium outlets across Europe. Hammerson listed on the JSE in September and has a market capitalisation of about R73bn. CEO David Atkins said Hammerson had enjoyed a year of robust performance. The "strong financial results" reflected "sector-leading earnings and dividend growth reflecting robust operational performance across all parts of the portfolio", Atkins said. "During the year we have significantly grown and enhanced the portfolio, adding new retail space in faster-growth markets including Dublin, Leeds and Birmingham, and extending our presence in ...
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