Hammerson to exit retail parks in £1.1bn sell-off as it attempts to woo investors

David Atkins of Hammerson

Hammerson is to exit the retail park property business and cut the size of its board as part of a new strategy for the UK retail landlord.

Following a business review, the group has set a disposal target of £1.1bn by end of 2019. The group has already offloaded £300m of assets this year and set an increased overall 2018 target of £600m. The remaining £500m of sales will follow next year.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now