Hammerson sells VIA Outlets stake to APG for €301m; unveils rights issue

By Marianne Korteweg 2020-08-07T00:00:00

VIA Outlets' Bataviastad outlet in the Netherlands

UK shopping centre operator Hammerson announced on Thursday that it has sold its 50% stake in VIA Outlets to Dutch pension fund APG for around £274 mln (€301 mln) and plans to raise £552 mln from a rights issue, to help it ride out the coronavirus crisis.

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