Hammerson shop rent takings down two thirds

Retail landlord deluged with deferral requests amid Covid-19 lockdownHammerson, one of Britain’s biggest shopping centre owners, was paid only about a third of the quarterly rent it was due last week as cash-strapped retailers struggled to survive the coronavirus crisis. Related: Lockdown to spell disaster for thousands of pubs, restaurants and shopsRelated: Intu warns of breach in debt commitments as retail rents collapseContinue reading...