Hammerson

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Ann’s Bakery:  market stall holders are “strongly opposed” to the outlet being made into a bookies. Photograph: Nick Bradshaw

Bookmakers Ladbrokes is proposing to turn the last cafe on Dublin’s Moore Street, Ann’s Bakery and Restaurant, into a betting office. While there are(...)

Photograph : Matt Kavanagh / THE IRISH TIMES

Dundrum Town Centre part-owner Hammerson said on Wednesday it had terminated its £400 million (€459 million) deal to sell seven retail parks to privat(...)

Penneys confirmed that its negotiations to take space in Dublin’s Dundrum Town Centre now occupied by British chain House of Fraser are on hold. Photograph: Matt Kavanagh

Fashion chain Penneys has put on hold talks to take two floors in the Republic’s biggest shopping centre as it grapples with the Covid-19 pandemic. P(...)

A trader working on the floor of the New York Stock Exchange. Photograph: Johannes Eisele/AFP via Getty Images

European stocks closed higher on Monday after last-minute gains, with buying focused largely on defensive sectors amid plummeting oil prices and conti(...)

A deserted  shopping centre in the UK. UK prime minister Boris Johnson last week ordered all non-essential shops across the country to close their doors to customers.

Almost two-thirds of the rent that shopping centre owner Hammerson was hoping to see in its bank account last week has not materialised, the business (...)

Penneys on Dublin’s  O’Connell Street  last week. The clothing chain  said this week  it would suspend paying rent on its 37 shops in the Republic. Photograph Nick Bradshaw

Retail landlords fear rents will dry up as all but essential stores shut up shop amid the Covid-19 crisis. This week, clothing chain Penneys confirme(...)

Hammerson, the co-owner of Dundrum Town Centre, says the value of its Irish property portfolio fell by nearly €138 million last year. Photograph: Matt Kavanagh

Glenveagh close in on €250m deal Listed housebuilder Glenveagh has agreed a pre-fund deal with British investor Round Hill Capital that will see it g(...)

Dundrum is part owned and operated by Hammerson.

Hammerson, part owner of the Dundrum shopping centre and one of the UK’s biggest shopping centre companies, will cut its 2020 dividend by almost half (...)

Bank of Ireland chief executive Francesca McDonagh pictured at its agm in the RDS last year. The bank will announce its full-year results on Monday, amid a backdrop of uncertainty about the formation of a new Government. Photograph: Laura Hutton

Monday Results: Bank of Ireland, HP, Mylan. Indicators: UK mortgage approvals (Jan); German business climate, current conditions and expectations ((...)

Luxury goods maker Burberry closed 2.58 per cent down in London, recovering slightly from lows that saw it lose as much as 3 per cent of its value. Photograph: Henry Nicholls/Reuters

Signs of a US slowdown and a rise in coronavirus cases sent European shares falling on Friday. Dublin Kingspan added 0.63 per cent after publishing (...)

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