Hammerson reports high occupancy rates across portfolio

FTSE 100-listed retail property developer Hammerson has unveiled positive results for 2013, supported by high rates of occupancy and multiple acquisition projects.

FTSE 100-listed retail property developer Hammerson has unveiled positive results for 2013, supported by high rates of occupancy and multiple acquisition projects.

In an interim management statement for the period from January 1st to May 8th, the group reported the acquisition of a 17% stake in Bullring for £154m at a yield of 5.7%, taking ownership to 50%.

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