Hammerson reports growth in footfall as rental income increases

Exterior of Brent Cross shopping centre

Hammerson, which owns and operates shopping centres including Brent Cross in London, posted a rise in rental income as occupancy and footfall increased in the full year ending December 2023.

Hammerson posted a growth of 6% in like-for-like gross rental income after a record year of leasing with 306 deals.

The landlord said footfall across its retail locations had increased by 3% year on year, while flagship portfolio occupancy remained strong but broadly flat at 95% year on year.

 

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