 |
| Link to CoStar Group web site (Picture is of 99 Bishopsgate) |
"Speaking to CoStar News, chief executive David Atkins said Hammerson had for some time been reducing its exposure to offices, as part of a strategic belief that the company needed to be specifically focused on one sector to run 'more effectively and efficiently'.
"... [There was] a clear decision to reinvest capital in becoming 'dominant' in retail, by creating a fully multi-channel offering over the next five years:
"This means there are no distractions, as we invest in scaling up and delivering best practice and innovation."
"David Atkins, chief executive of Hammerson, said:"... We have maximised our asset management opportunities and this disposal crystallises a substantial profit on cost, further enhancing our financial flexibility to undertake refurbishment, development and acquisition opportunities within our retail portfolio.''
[Possibly suffering from translation from English to French, to English.
Or he could just speak like this.]
The Hammerson Brent Cross Transport Plan
Link to HOME (see all posts).
No comments:
Post a Comment