// Hammerson hires former UK Head of Development at AXA IM Alts as chief development and asset repositioning officer
// The property firm recently agreed to sell all of its retail parks to Canadian investment firm Brookfield
Hammerson has welcomed Harry Badham as chief development and asset repositioning officer after recently agreeing to sell all of its retail parks to Canadian investment firm Brookfield.
The property giant said Badham will oversee the development teams working on destination repositioning across the UK, Ireland, and France.
He was most recently the UK Head of Development at AXA IM Alts, where he led £3.5 billion of major investment, development and repositioning projects from start to completion for a range of funds and joint venture investors.
“Hammerson has urban assets, developments and a land bank with potential for multi-use city centre destinations,” Hammerson chief executive Rita-Rose Gagné said.
“As our portfolio transforms and evolves, it is vital that our team has a broad and varied skills base.
“Harry will support this by bringing a creative mindset and extensive development and urban mixed-use experience.
“He also has extensive expertise in managing multiple stakeholders and partners, which will be key as we work on our strategy to maximise value for stakeholders.”
Badham said: “There has never been a greater chance to transform our city centres to create huge social and real estate value by making them more local, more sustainable and more connected.
“Hammerson’s portfolio offers significant opportunities to unlock this value over the mid to long term. I look forward to the challenge and working with Rita-Rose and the Hammerson team to bring forward the change needed.”