Hammerson is selling its 50% interest in Queensgate shopping centre in Peterborough, UK. Well-informed sources told PropertyEU the UK REIT has hired CBRE to market the sale of the 80,000 m[sup]2[/sup] asset, which it bought in 2005 from Norwich Union for £156 mln (€184 mln). Hammerson owns the mall in a 50/50 JV with Aviva Investors.
Hammerson is selling its 50% interest in Queensgate shopping centre in Peterborough, UK. Well-informed sources told PropertyEU the UK REIT has hired CBRE to market the sale of the 80,000 m2 asset, which it bought in 2005 from Norwich Union for £156 mln (€184 mln). Hammerson owns the mall in a 50/50 JV with Aviva Investors.
The full story appears in the PropertyEU Week Edition dated 17 June. Other stories include:
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