Finance

Hammerson collects less than half of first quarter rents

By 2021-01-19T09:12:00

Bullring, Birmingham

Hammerson collected just 41% of rent from its tenants as the Covid-19 lockdown kept the shutters down on its shopping centres.

The company, which owns Birmingham’s Bullring and London’s Brent Cross, told investors it had collected just £19.8m of the £61.5m for the first quarter of 2021.

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