UK retail property giant Hammerson’s Via Outlets joint venture has named two newly-created senior management positions with Otto Ambagtsheer joining as Chief Operating Officer and Peter Stals as Chief Financial Officer.
Will a day go by this month when Hammerson isn't in the news? Perhaps not. The big story today is that the proposed mega-merger between the shopping centres giant and its smaller peer isn't going to happen.
A "flight to quality" is buoying Hammerson, despite the overall weak retail market, as its premium malls in the UK and France prove themselves able to attract both shoppers and brands while rivals flounder.