Bullring rental decline fails to derail Hammerson
Birmingham’s flagship Bullring shopping centre failed to show any growth in rental income during 2017, owner Hammerson has revealed.
In its full year results, Hammerson said like-for-like net rental income at its high-quality UK Shopping Centres division had increased by 1.8% across its portfolio, with the exception of three sites, of which the Bullring was the most prominent.
“All UK centres generated growth with the exception of Bullring, Cabot Circus (Bristol) and Union Square (Aberdeen), for which 2016 income was boosted... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...