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| Link to Hammerson press release |
Key points:
- £308 million of acquisitions announced which add growth potential to the portfolio
- Planning application submitted for one of the UK’s largest shopping centre developments at Eastgate Quarters, Leeds
- Planning application submitted for a new office and residential development at Principal Place, London EC2
- Occupancy at 31 March 2011 of 96.7% (31 December 2010 97.3%)
- Like-for-like shopping centre sales up 1.5% in UK, down 0.3% in France. Sales in both countries were ahead of national benchmarks
- New £500 million revolving credit facility agreed.
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