Hammerson announces Simon Travis as new premium outlets MD
Property group Hammerson has today announced that Simon Travis has been appointed to the role of group investment director and managing director of premium outlets.
In his new position, Travis will take on responsibility for Hammerson’s premium outlets division in addition to his existing investment responsibilities. He will assume his new role once CFO and current premium outlets MD, Timon Drakesmith, has left the business, and will report directly to CEO David Atkins.
Atkins said: “Simon’s appointment will strengthen our already talented premium outlets team, and his experience and leadership will be invaluable as the business seeks to create further value for its guests, brand partners, employees and investors.”
Travis joined Hammerson in 1998, and has held a number of roles including investment manager and business development director.
Premium outlets now accounts for 27% of Hammerson’s property portfolio. Hammerson currently has interests in 20 outlets in 14 European countries. It sold its majority stake in Parisian retail destination Italie Deux last month, as it reported a loss in its half-year results.
Given the business’ strategic focus on debt reduction, Hammerson has also appointed Bruce Nutman to the role of senior investment manager, reporting to Simon Travis. Nutman has specialised in retail investment for over 20 years, most recently at leading industry adviser Time Retail Partners.