Hammerson is an owner, manager and developer of retail properties in Europe with a portfolio of high-quality flagship destinations and premium outlets, providing approximately 1.8 million square metres of lettable area across 7 countries. The Group s property portfolio comprises 20 flagship destinations in the United Kingdom, France and Ireland, investments in 9 premium outlets across Europe through its holding in Value Retail and investments in eight retail parks in the United Kingdom. Prior to the Group s disposal of the majority of its interest in VIA Outlets, flagship destinations, premium outlets and retail parks accounted for approximately 51%, 35% and 6%, respectively, of the Group s total property portfolio by value as at 30 June 2020 (on a proportionally consolidated basis, including premium outlets).