30-03-2020 15:40 via theguardian.com

Shopping centre owner Hammerson says rent takings down two-thirds

Retail landlord deluged with deferral requests amid coronavirus 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...
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