Property group Hammerson looks at possible rights issue

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Shares in shopping centre owner have fallen 80% this year during pandemic

The property group Hammerson, which owns shopping centres including the Bullring in Birmingham and Brent Cross in north London, is drawing up plans for a possible rights issue and is in advanced talks on the sale of its stake in a discount shopping outlets joint venture to help it through the coronavirus crisis.

 

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They’ve done little to support retail in the long term,save milk it for high rents in the good times in order to line their own pockets,much like many landlords up & down this country

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