Hammerson

Last month, Hammerson reported a loss of $ 1.7 billion ($ 2.33 billion) for 2020 and issued a long-term debt warning, as the coronavirus revolution lowered prices at its stores.

BENGALURU: Hammerson confirmed on Monday that negotiations are underway on the sale of his assets to Brookfield Asset Management of Canada, a dealer trying to cash in.

Last month, Hammerson reported a loss of $ 1.7 billion ($ 2.33 billion) for 2020 and issued a long-term debt warning, as the coronavirus revolution lowered prices at its stores.

The acquisition was successful during the distribution of COVID-19, as it allowed specialty stores to operate during closing from existing parks and purchased inside and outside.

The Sunday Times reported that Brookfield paid Hammer son £ 350 million ($ 478.87 million) for seven shopping malls as part of the business.

The newspaper also reported the failure of banks, including Falkirk, Didcot, Middleborough, St Helens, Telford, Martyr Tydfil, and Rugby shops.

Hammer son did not immediately respond to Reuter’s requests to determine the value of the sale.

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