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Hammerson collects 46% of H1 rent, hails 'encouraging' footfall following reopening

StockMarketWire.com

Shopping centre owner Hammerson said 46% of fiscal first-half rent that was due had now been received as footfall continued to improve following the UK reopening earlier this month.

Collections in the UK were 48%, France 23%, and Ireland 34%.

'Initial footfall recovery in England is encouraging, and around 90% of operators are currently able to trade. Footfall is competitive with pre-pandemic levels,' the company said.

'Across a seven-day average, footfall at our flagships is around four-fifths of that achieved in the same week in April 2019. This is an improvement of approaching 50% points on reopening in June 2020,' it added.



At 9:14am: (LON:HMSO) Hammerson PLC share price was 0p at 23.05p



Story provided by StockMarketWire.com