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The UK-based owner of premium retail assets, Hammerson, delivered a profit for the first time in five years as footfall at its malls returned to close to pre-Covid-19-pandemic levels.

JSE-listed Hammerson owns a portfolio of assets in Europe, with a focus on flagship retail destinations and venues. It said on Thursday that it saw footfall return to 90% of its 2019 levels as it made a £50.3m (R1.02bn) profit in its interim results to end-December...

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