Hammerson Sees Annual Earnings Matching 2010 on Rental Income
This article is for subscribers only.
Hammerson Plc, the U.K.’s third-largest real estate investment trust, will probably match its 2010 earnings with fewer properties this year as rising rental income compensates for disposals, Chief Executive Officer David Atkins said.
“Earnings will be flat for the next 12 months,” Atkins, 45, said in an interview at his company’s office in London’s Mayfair district last week.