Hammerson in talks on asset disposals
Embattled mall owner looks to raise funds to survive the pandemic lockdown
03 August 2020 - 09:03
JSE-listed Hammerson, which owns retail shopping centres in the UK and Europe, is considering asset disposals and a rights issue.
The London-based company, which has lost three quarters of its share value so far in 2020, is in discussions on a possible disposal of its 50% interest in VIA Outlets to its joint venture partner APG. VIA operates in nine European countries, providing space to 1,140 stores. ..
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