PropertyEU

Hammerson reports largest fall in net rental income in firm’s history

By Virna Asara 2021-03-12T00:00:00

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UK REIT Hammerson reported a 41% fall in net rental income to £158 mln (€185 mln) over 2020, as the business was affected by Covid-19 closures, tenant restructuring and higher provisions for bad debt and tenant incentives.

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