Shares in the mall owner rose 2.5% as it also reported a 6% jump in October sales compared with pre-pandemic 2019.
Footfall in the United Kingdom and Ireland currently is about 90% of pre-pandemic levels while being around 85% in France, the company said. Its rent collection rate for the year stood at 84%.
Mall owners such as Hammerson have struggled with low rent collections during the pandemic as tenants, including retailers and restaurants, suffer from a drop in footfall due to pandemic restrictions and a shift to online shopping.
Hammerson said it expected adjusted earnings for the full-year to be not less than 60 million pounds ($79.94 million). It reported a profit of 36.5 million pounds last year.
($1 = 0.7505 pounds)
(Reporting by Amna Karimi in Bengaluru; Editing by Sriraj Kalluvila and Aditya Soni)