Hammerson (United Kingdom)
Hammerson plc is a major British property development and investment company.
The business was founded by Lewis Hammerson, who began to invest in property in 1942, converting houses into apartments. His company L.W. Hammerson & Co moved into the commercial property sector in 1948 and became a listed company in 1953. It first expanded outside the UK in the 1960s, when it moved into Australia, New Zealand and the United States. In the 1970s it ventured onto the continent and back in the UK it developed the Brent Cross Shopping Centre, which was the first major covered shopping centre in the country. In the 1990s the operations outside Europe were sold and further properties were acquired in Europe. The year 2003 saw the opening of the new Bullring shopping centre in Birmingham, which was one of the largest city centre retail developments ever built in the UK.
In October 2012, Hammerson sold its office property at Gresham Street in London for a total of £200 million to Kumpulan Wang Amanah Pencen, the Malaysian state pension fund. In December 2017, it was announced that Hammerson had bought intu in a £3.4bn takeover.
This version of Monopoly celebrates 75 years of Hammerson.
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