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Birmingham Post
Birmingham Post
Business
Henry Saker-Clark, PA & Tamlyn Jones

Disposal plan helps Hammerson cut loses

Hammerson

The property group behind some of the UK's best-known shopping centres has cut its pre-tax losses dramatically despite the covid restrictions throughout last year.

Hammerson posted today a loss of £408 million for 2021, down from £1.73 billion the previous year.

The results come as the listed group has been bolstered by more than £500 million worth of sales and rebounding rental demand.

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