Hammerson Reports Strong Performance Despite £517m Loss
Hammerson reports a "strong performance" despite a £517m loss due to reclassification of Value Retail stake sale. The company...
net rental income
Unibail-Rodamco-Westfield Reports 8.2% H1 Rental Income Growth
Unibail-Rodamco-Westfield reports a significant increase in net rental income of €1,152m (£987m) during H1 2023, with shopping centers contributing...
Unibail-Rodamco-Westfield to Reduce US Exposure Amid Pandemic Impact
In a recent announcement, Unibail-Rodamco-Westfield (URW) plans to reduce its financial involvement in the US market and concentrate on...
Landsec Reports £835m Loss Amid Covid-19 Impact on Retail Sector
Landsec, owner of Bluewater shopping center, reports a loss before tax of £835m due to unpaid rent and service...
Hammerson Raises £825m Amid Pandemic Impact, Introduces New Leasing Approach
In the face of a 44% drop in net rental income, shopping center giant Hammerson plans to raise £825...
Westfield Owner Reports 14.2% Slump in Rental Income Amid Pandemic Impact
In a recent trading update, Westfield owner Unibail-Rodamco-Westfield (URW) reports a 14.2% drop in net rental income to €1bn...
Intu Shopping Centers Face Footfall Decline but Maintain Resilience
In the face of a challenging environment, Intu shopping centers experienced a 1.6% decrease in footfall last year, outperforming...
UK Retail Challenges Impact Intu’s Property Value
Intu, the owner of several shopping centers in the UK, has revealed a 3% drop in property value since...
Hammerson Pushes Forward with £3.4bn Intu Takeover Amid Financial Success
Hammerson, the shopping centre owner, plans to proceed with its £3.4bn takeover of rival Intu after revealing a 6.9%...