Hammerson (HMSO) epitomises the weighty balancing act retail landlords are struggling to perform post-pandemic. Extracting rent from retailers and hospitality providers operating under the strain of enforced closure has been a wrench - the commercial landlord collected only 41 per cent of the amount due in advance for the first quarter. Yet the need to keep below debt covenant limits is an an ever-present - and arduous - task.
Join our community of smart investors
Subscribe today and enjoy unlimited access:
- Comprehensive companies coverage
- Actionable commentary, ideas and portfolios
- Tools and data to help you manage and track investments.
- Help managing your portfolio
Other Assets
Investors are right to favour Taylor Wimpey's rivals
The shares have generated lower gains than peers since the March equity market crash
Emma Powell