UK and Europe shopping centre owner Hammerson said on Tuesday its loss in the year to end-December more than doubled to £781.2m (R15bn) amid pressure on the value of its assets due to its bricks-and-mortar tenants losing sales to online stores in the UK.

The company saw a net valuation loss of £828m on its assets in its year to end-December, citing continued market uncertainty and a weak rental market...

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