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2011-04-12

Bloomberg: "Hammerson Chief Atkins Sees Annual Earnings Matching 2010 on Rental Income"

Link to web site
" 'Earnings will be flat for the next 12 months,' Chief Executive Officer David Atkins said in an interview at his company’s office in London’s Mayfair district last week.

"Since replacing John Richards 18 months ago, Atkins has increased asset sales, reduced debt, made some investments, and tried to squeeze higher rents from Hammerson’s properties."

"Atkins is a 'safe pair of hands,' said Rogers at Collins Stewart. 'Will Hammerson catch the wind in the markets? I’m not so sure'."

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