Financial Times FT.com

Hammerson confirms real estate recovery

By Daniel Thomas, Property Correspondent

Published: November 3 2009 22:51 | Last updated: November 3 2009 22:51

Hammerson, the FTSE 100 property developer, has confirmed the recovery in real estate prices in the UK although warned that rents have continued to come under pressure.

Hammerson, which owns a UK and French portfolio split between offices and retail, said improvements in global financial markets, increased economic activity and low interest rates have helped to increase demand for property.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this