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Creating outstanding experiences in unique city locations

Hammerson is a cities business. An owner, operator and developer of prime urban real estate in some of the fastest growing cities in the UK, Ireland and France.

We create exceptional destinations and outstanding experiences in unique city centre locations, delivering value for our stakeholders, connecting communities and creating a positive impact for generations to come. 
 

Our Portfolio

Hammerson is an owner, operator and developer of sustainable prime urban real estate in some of the fastest growing cities in the UK, Ireland and France.

Key facts as at 31 December 2023

Flagship Destinations
11
Destinations
Location w star
9
Premium outlets
Location
17
Cities
Square footage
1 m
sq m of lettable area
Footfall
180 m
Shopper visits per year

Portfolio by value as at 31 December 2023

Hammerson share in Value Retail disposal completed on 18 September.

Transforming the portfolio

Hammerson has some of the best assets in the very best prime city centre catchments, and, due to the strong ties we have in the communities in which we operate, supportive local authorities.

There are near term opportunities to grow income and significant opportunities for repositioning these assets in the medium term. We will do this by maximising income through optimising use of space including: the repurposing of department stores; redeveloping under-utilised space to alternative uses; curating new and engaging spaces; and attracting new occupiers and services.

By driving excitement and placemaking we create an amazing platform to enable future successful development and city-centre regeneration. In the short term we are focused on where we can unlock value and enable development, especially where this can complement our existing assets.

We have 80 acres of land ownerships and we are progressing detailed feasibility studies for mixed-use developments, largely adjacent to our existing retail destinations.

The land promotion projects offer the potential for us to become one of the leading city regeneration developers, creating lasting concepts and retaining long term custodianship using our placemaking and operational expertise.

> 80
acres of development land

Creating positive places

Sustainability is at the heart of everything we do. In 2017 we launched our sector-leading, comprehensive target to be Net Positive for carbon, water, resource-use and socio-economic impacts by 2030. That means supporting communities and promoting diversity, as well as tackling climate change and helping to protect the environment.

Explore further

Our Strategy
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Annual Report
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ESG Report
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