About Hammerson
We are an owner, operator and developer of sustainable prime urban real estate.
We create vibrant, continually evolving spaces, in and around thriving cities, where people and brands want to be. Our destinations sit at the very heart of communities and in many cases form part of a city’s very identity.
We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come.
2024 Half Year Results
Over the last three years, we have delivered against all strategic milestones. We now have a core portfolio focused on urban locations which are evolving into vibrant, 24/7 multi-use estates. These destinations are fast growing, and part of the fabric and infrastructure of the cities in which we operate.
Rita-Rose GagnéCEO
Our strategy
The major changes across the consumer and occupier landscape mean it is an exciting time to be in real estate. We are anticipating and starting to set new trends in how physical space is used in Europe’s major cities within our portfolio. Hammerson has a unique opportunity to be part of shaping future cities and transforming urban spaces.
We are a stronger business today. We have developed a robust strategy to take advantage of future opportunities. We will further strengthen the balance sheet by continuing to simplify the portfolio, as well as generating capital for reinvestment.
We are focused on: reducing vacancy and void costs; repurposing space; delivering a mix that occupiers and customers demand; and unlocking value from the development opportunities in the portfolio. By continuing to execute our strategy, we will continue to build a better business, and that will deliver value for shareholders.
Latest News
Our destinations
Destinations
Cities
Development projects
Our portfolio includes 10 flagship destinations in the United Kingdom, France and Ireland, located in some of Europe’s most vibrant cities.
Our sustainability strategy
Deliver sustainable and resilient capital structure
Our strategy review identified that we own and operate unique assets in some of the fastest growing cities in the UK, Ireland and France, and hold investments in the best-in-class premium outlet villages. Equally, we identified assets where we did not see opportunities to deliver a sustainable return on capital over the long term.
We continue to re-align our portfolio through a disciplined disposals programme of non-core assets, re-focusing the Group on a portfolio of prime urban estates; reducing indebtedness and generating capital for redeployment into core assets and developments.
of completed disposals in 2022
Sustainability Linked Bond with a six year maturity period
Debt Investors
