Hammerson, which owns shopping centres including the Bullring in Birmingham and Brent Cross in London, faces a potential shareholder rebellion this week over multimillion-pound share payouts to executives.
The property company has been criticised by Institutional Shareholder Services (ISS), a shareholder advisory group, which has urged investors to vote against executive pay at Hammerson’s annual meeting in London on Tuesday.
Seperately, investors in Countrywide, the UK’s largest group of estate agents, have been urged by Glass Lewis to oust one of its directors this week after he missed more than a quarter of its board meetings last year, according to the Telegraph.
