Edition:
India

Hammerson Disposes Of Retail Parks Portfolio For 400 Mln Stg


Friday, 21 Feb 2020 

Feb 21 (Reuters) - Hammerson Plc ::HAMMERSON DISPOSES OF RETAIL PARKS PORTFOLIO.DEAL FOR A HEADLINE PRICE OF 400 MLN STG WITH EXPECTED NET PROCEEDS OF 395 MLN STG.EXCHANGED UNCONDITIONAL CONTRACTS ON SALE OF A PORTFOLIO OF SEVEN RETAIL PARKS TO ORION EUROPEAN REAL ESTATE FUND V.SEPARATELY, PARC TAWE, SWANSEA AND ABBEY RETAIL PARK, BELFAST HAVE BEEN SOLD INDIVIDUALLY GENERATING PROCEEDS TOTALLING 55 MLN STG.