Hammerson, the JSE-listed owner of malls in the UK and Europe is focusing on selling down assets to decrease its debt burden while it faces a storm of uncertainty around Brexit and a changing retail landscape.

The London-based landlord announced on Monday that it had met 90% of its £500m (about R8.7bn) disposals target for 2019, following the sale of a mall in Paris...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now