Hammerson is pressing forward with a number of development and redevelopment projects to enhance its portfolio in the UK and France. CEO David Atkins said in an interim management statement for the period July to November that the retail redevelopment of 54-60 rue du Faubourg St Honoré, Paris, is progressing well. The scheme is fully pre-let and some units have already been handed over to tenants.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
