EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
HAMMERSON: Review launches £1.1bn retail park sell-off
Hammerson has announced a series of measures, including a £300m share buyback, a retail park sell-off, a delay to its Brent Cross development and an increased focused on non-UK retail as part of a new strategy.
HAMMERSON: Will the new strategy work?
It has been a turbulent six months for shopping centre owner Hammerson, which was rocked by its failed £3.4bn takeover of intu Properties after rejecting a bid from French rival Klépierre.
Will the new measures be enough?
HAMMERSON: ‘No regrets’ on rejecting Klépierre bid – David Atkins
EG spoke to chief executive David Atkins about the REIT’s new strategy.
How are disposal plans progressing so far?
HOUSING: Government confirms new housing delivery test in revised NPPF
The government has issued the revised National Planning Policy Framework, which will see the introduction of a new housing delivery test for local authorities.
