Mall operator Hammerson warns footfall still lags pre-crisis levels reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Hammerson s losses soar as virus hit property values
Updated / Friday, 12 Mar 2021
08:50
Shopping centre operator Hammerson has given a formal warning about threats to its ability to continue as a going concern
Shopping centre operator Hammerson has today posted a £1.7 billion loss for 2020 and gave a formal warning about threats to its ability to continue as a going concern.
The warning came as the value of properties sank in the Covid-19 crisis and the company launched asset sales to bolster its finances.
Shares in the company gained in initial deals after it said it had made £73m from the sale of the Brent South Shopping Park and its stakes in two French joint ventures.
Italie Deux: the shopping mall in Paris 13th arrondissement closes
Italie Deux: the shopping mall in Paris 13th arrondissement closes Published by Cécile D., Anne-christine C. · Published on 30 January 2021 at 10h30 · Updated on 30 January 2021 at 19h09 Italie Deux is the second biggest shopping mall in Paris. With 130 stores, services, restaurants and even a show venue, the mall is worth the trip. Meet on Place d’Italie in Paris 13th arrondissement. In compliance with the latest governmental measures, the shopping mall is closed until further notice.
This Friday January 29, the government ordered the closure of all non-food shopping malls covering over 20,000sqm starting Sunday January 31. Italie Deux shopping mall closes until further notice.