Landlord Hammerson collects 31% of its Irish rents in current quarter

Hammerson is best known here as the owner of half of Dundrum Town Centre

Hammerson is best known here as the owner of half of Dundrum Town Centre (pictured here in June). Photo: Collins Dublin

Hammerson, Ireland's largest retail landlord, said its Irish properties had a busy Christmas but has so far collected just over 30% of the rents due in this first quarter, lower than its performance in France and in Britain.  

In an update, the stock market-listed property firm said Christmas footfall was particularly strong in Ireland before the full level five restrictions were imposed in January, and that "market conditions have remained challenging" amid the Covid-19 crisis.