Hammerson has suffered an embarrassing shareholder revolt as almost a third of investors rejected its executive pay policy.
The FTSE 250 shopping centre company behind the Bullring in Birmingham and Brent Cross in north London acknowledged the frustration of “some shareholders” over its plans.
Some 30% voted against its proposals, which included multimillion-pound incentives for David Atkins, chief executive, 53, and other directors.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
