Link to 'The Business Desk' web site |
"In Bullring [and Brent Cross] co-owner Hammerson's ... interim management statement, for the period 1 July to 8 November, the property investment firm reported that, across its UK shopping centre portfolio, tenants' sales increased by 3.2%, notwithstanding a small decline in footfall of 1.1%, compared to Q3 2011.
"Hammerson now focuses exclusively on retail, having sold £627m of office property and reinvested £551m in retail assets since February."
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