Shopping center operator sees positive results in occupancy and foot traffic
- Hammerson reports growth in footfall
- Rental income increases
- Occupancy and footfall rise in full year ending December 2023
Hammerson, the owner and operator of shopping centers including Brent Cross in London, has announced a significant increase in footfall and rental income. In the full year ending December 2023, the company experienced a rise in occupancy and foot traffic, leading to a boost in rental income. This positive trend indicates a growing interest in shopping centers and suggests a potential recovery in the retail sector. Hammerson’s success can be attributed to its strategic location and effective management of its properties. With the increase in footfall, the company is well-positioned to attract more tenants and generate higher rental revenues in the future.
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