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ShoppingCentre: "Footfall and sales down at Hammerson"

Link to ShoppingCentre

"Hammerson has reported a downturn in its UK shopping centres during the first quarter of 2012. Footfall in the UK shopping centre portfolio declined 1.9 per cent compared to Q1 2011, although the properties outperformed the UK index which fell by 2.9 per cent.

"... And in line with its revised strategy to become a retail specialist, Hammerson is making good progress working up business plans for the sale of its London office portfolio."

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