PropertyEU

HUT, Crown Estate join forces in £680m deal

By A staff reporter 2007-04-05T00:00:00

Hercules Unit Trust (HUT) and Crown Estate have teamed up in a £680 mln (EUR 998 mln) joint venture limited partnership. The 50/50 joint venture incorporates HUT's 51,096 m[sup]2[/sup] Fort Kinnaird Shopping Park in Edinburgh, Crown Estate's 22,854 m[sup]2[/sup] Gallagher Retail Park in Cheltenham and the 13,006 m[sup]2[/sup] Shires ...

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