Hammerson divests Paris mixed-use asset for EUR 165m

By A staff reporter 2012-03-02T00:00:00

UK REIT Hammerson has exchanged contracts to sell the freehold for 54-60 rue du Faubourg Saint-Honoré in Paris’ eighth arrondissement to Swedish investor Ramsbury for EUR 165 mln, slightly above its December 2011 book value.

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