03-08-2020 19:08 via theguardian.com

Property group Hammerson looks at possible rights issue

Shares in shopping centre owner have fallen 80% this year during pandemicThe 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.Hammerson shares, which have plunged 80% this year as the retail landscape has been battered by coronavirus lockdo
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