Hammerson sells Fife retail park as part of £164m disposal



Property heavyweight Hammerson is poised to deliver further news on the restructuring of its vast portfolio after it announced the disposal of two retail parks, including one in Scotland, for £164 million.
The group said that it had exchanged contracts for both the Fife Central Retail Park in Kirkcaldy and Imperial Retail Park in Bristol, which are being sold to Capreon.
Fife Central was acquired by Hammerson, which also owns Aberdeen’s Union Square shopping and leisure complex, in 2005. It covers a total of 30,200 square metres, is 95 per cent let and anchored by B&Q, Sainsbury’s,... read more

 
23 July 2018 in Business, Views: 79
Source: Scotsman
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