Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

Hammerson Exits UK Retail Parks

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Hammerson plc has decided to exit the U.K. retail parks sector. The company has signed a contract with Brookfield to sell its seven retail parks for 330 million pounds ($456.8 million), or an 8 percent discount to its December 2020 book value of 357 million pounds. The transaction is expected to close by the end…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!