Hammerson has put its £1.4bn plan to extend north London’s Brent Cross shopping centre on hold. Hammerson, which owns Brent Cross with Standard Life, feels the currently turbulent retail market means the expansion plans would be too risky.
The project, which would have seen the mall almost double and size and receive a new multi-storey car park, had been due to start on site in the summer and complete in 2022.
Hammerson chief executive David Atkins made the announcement when...
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