About Hammerson
We are an owner, operator and developer of sustainable prime urban real estate.
We create vibrant, continually evolving spaces, in and around thriving cities, where people and brands want to be. Our destinations sit at the very heart of communities and in many cases form part of a city’s very identity.
We seek to deliver value for all our stakeholders and to create a positive and sustainable impact for generations to come.
2023 Full Year Results
Over the last three years, we have delivered against all strategic milestones. We now have a core portfolio focused on urban locations which are evolving into vibrant, 24/7 multi-use estates. These destinations are fast growing, and part of the fabric and infrastructure of the cities in which we operate.
Rita-Rose GagnéCEO
Our strategy
The major changes across the consumer and occupier landscape mean it is an exciting time to be in real estate. We are anticipating and starting to set new trends in how physical space is used in Europe’s major cities within our portfolio. Hammerson has a unique opportunity to be part of shaping future cities and transforming urban spaces.
We are a stronger business today. We have developed a robust strategy to take advantage of future opportunities. We will further strengthen the balance sheet by continuing to simplify the portfolio, as well as generating capital for reinvestment.
We are focused on: reducing vacancy and void costs; repurposing space; delivering a mix that occupiers and customers demand; and unlocking value from the development opportunities in the portfolio. By continuing to execute our strategy, we will continue to build a better business, and that will deliver value for shareholders.
Latest News
Our destinations
Destinations
Cities
Development projects
Premium outlets
Birmingham
Hammerson has been a major stakeholder in Birmingham, the UK’s second city, since it developed and opened the Bullring in 2003.
Bullring is one of the UK’s most successful shopping and leisure destinations.
Birmingham
Our London portfolio includes the iconic Brent Cross and more recently, The Goodsyard, our exciting City Quarters development in the heart of creative east London.
Located in one of the country’s most affluent catchments, the centre remains one of the UK’s most iconic retail and leisure destinations
Birmingham
The Group's French office is located in the city’s capital, alongside ownership in four flagship destinations and premium outlet, La Vallée Village.
A must-see shopping destination in Val d'Oise, Les 3 Fontaines the region’s leading urban shopping destination.
France’s most successful outlet shopping destination, located adjacent to Disneyland® Paris.
Birmingham
Hammerson own three flagship destinations in Dublin, including Ireland’s largest shopping centre Dundrum Town Centre, alongside a significant mixed-use development pipeline.
The largest shopping centre in the country, Dundrum Town Centre is located in the affluent and densely populated South Dublin catchment.
The Ilac has become a landmark destination and Dublin's primary convenience hub in the city's central district.
The prime retail centre serving Dublin’s northern suburbs. With over 100 retail, dining and entertainment
Located in the heart of Ireland’s most populated region, the Village creates an intimate and tranquil setting for shopping.
Birmingham
Bristol is one of the UK’s most innovative and forward-thinking cities, firmly established as the style, cultural and economic capital of the South West, with a market potential of over £1bn. Cabot Circus sits at the very heart of this vibrant city, anchoring Bristol’s ever-changing retail and leisure quarter.
Cabot Circus sits at the very heart of one of the UK’s most innovative and forward-thinking cities, anchoring Bristol’s ever-changing retail and leisure quarter.
Our sustainability strategy
Deliver sustainable and resilient capital structure
Our strategy review identified that we own and operate unique assets in some of the fastest growing cities in the UK, Ireland and France, and hold investments in the best-in-class premium outlet villages. Equally, we identified assets where we did not see opportunities to deliver a sustainable return on capital over the long term.
We continue to re-align our portfolio through a disciplined disposals programme of non-core assets, re-focusing the Group on a portfolio of prime urban estates; reducing indebtedness and generating capital for redeployment into core assets and developments.
of completed disposals in 2022
Sustainability Linked Bond with a six year maturity period
Debt Investors
