Hammerson completes move to retail

Hammerson has said it remains 'cautious' about the economic outlook in the UK and Europe, even as it completed its strategic move from office landlord to retail landlord.

Hammerson has said it remains 'cautious' about the economic outlook in the UK and Europe, even as it completed its strategic move from office landlord to retail landlord.

Announcing the disposal of its final office property, Stockley House for £42m, 10% above book value, it confirmed that it is now exclusively retail focused.

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