End market rents (ERVs) were down 11% in FY 20, i.e. a 17% three-year cut. The LTV of 46% will require further adjustment measures soon. The UK flagship has lost half of its value since December 2017.
15 Mar 2021
Nearing the red line again
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Nearing the red line again
Hammerson plc (HMSO:LON) | 26.2 0.1 1.5% | Mkt Cap: 1,306m
- Published:
15 Mar 2021 -
Author:
Christian Auzanneau -
Pages:
4
End market rents (ERVs) were down 11% in FY 20, i.e. a 17% three-year cut. The LTV of 46% will require further adjustment measures soon. The UK flagship has lost half of its value since December 2017.