Negative revaluations accounted for £1bn in FY 19 (£828m once the positive contribution of Premium Outlets was included) vs. £10bn of gross assets in FY 18, or a c.9% loss of FY 18 GAV in a single year. As for all the British Property sector, keep in mind that FY 19 valuations do not account for the entire consequences of either 2019-nCoV or Brexit.
04 Mar 2020
Are we still far from the bottom of the hole?
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Are we still far from the bottom of the hole?
Hammerson plc (HMSO:LON) | 26.7 0 0.0% | Mkt Cap: 1,333m
- Published:
04 Mar 2020 -
Author:
Christian Auzanneau -
Pages:
4
Negative revaluations accounted for £1bn in FY 19 (£828m once the positive contribution of Premium Outlets was included) vs. £10bn of gross assets in FY 18, or a c.9% loss of FY 18 GAV in a single year. As for all the British Property sector, keep in mind that FY 19 valuations do not account for the entire consequences of either 2019-nCoV or Brexit.