Announced

Completed

Hammerson completed the acquisition of the remaining 50% stake in Westquay for £135m.

Synopsis

Hammerson, a real estate developer, completed the acquisition of the remaining 50% stake in Westquay, a shopping centre in Southampton, England, for £135m ($174m). "This transaction is in line with our stated strategy. Combined with our recently enhanced funding position and disciplined approach to capital allocation, we are well placed to deliver growth and value creation," Rita-Rose Gagne, Hammerson CEO.

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