25-02-2020 09:33 via retailgazette.co.uk

Hammerson full year loss balloons to £573.8m

// Hammerson’s full year pre-tax loss widens from £173.3m to £573.8m
// However, adjusted profits slipped 10.9% to £214m, as it received significantly lower rental income
// Earnings also impacted by disposals programme, which generated £542m during the year, surpassing its £500m targetHammerson has seen its losses deepen dramatically as the retail property firm sold off sites to boost its balance sheets.
The shopping centre owner dived to a £573.8 milli
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