CTBUH Global News
Feb10

Written by:host
2/10/2009 2:36 PM 

Hammerson announces major losses  

Feb 9, Southampton

Developer Hammerson has reported pre-tax losses of £1.6 billion in 2008 and has ruled out starting construction on any of the major schemes currently on its drawing board. The news came as blow to a raft of high-profile architects working on Hammerson-backed schemes across the country, such as the Sevenstone regeneration project in Sheffield, which is being designed by Foreign Office Architects (FOA), Allford Hall Monaghan Morris, Hawkins\Brown...more

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