Hammerson reports improving rent collection

Bullring, Birmingham

Source: Shutterstock/Mihai-Bogdan Lazar

Hammerson has reported a “significant” improvement in rent collection for the fourth quarter of the financial year.

The struggling retail property group, which is expected to cut around 40 jobs as part of a restructuring programme, told investors that since its last update on 5 August, occupiers were benefitting from the lifting of Covid restrictions across all regions and nations.

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