Hammerson : HMSO – sells shopping centre for £202m

Hammerson, as part of a 50:50 jv with Aviva, are selling Queensgate Shopping Centre in Peterborough for £202m, equivalent to a yield of 6.4%. Hammerson says it is planning to put the money towards its development and refurbishment programme for 2014 and says it is also considering selective acquisitions.

 

James Carthew
Written By James Carthew

Head of Investment Company Research

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