Brookfield to acquire seven retail parks from Hammerson for $460m.

Brookfield, an alternative asset management company, agreed to acquire seven retail parks from Hammerson, a United Kingdom-based real estate investment trust, for $460m. “As highlighted at the full year results, our immediate priority is to strengthen the balance sheet. This latest disposal is a positive step. Alongside this, we continue to focus on delivering operationally. We have successfully welcomed back our customers in England to our flagship venues, with footfall levels well above the June 2020 reopening, and look forward to reopening our other destinations as local restrictions allow over the coming months," Rita-Rose Gagné, Hammerson CEO.