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The company confirmed it was in discussions to sell seven properties to Brookfield for $479 million.
Bloomberg | Apr 12, 2021
(Bloomberg) European mall landlord Hammerson Plc is in talks to sell its retail parks to Brookfield Asset Management Inc.
The company confirmed the discussions in response to a Sunday Times report that it had agreed to sell seven properties to Brookfield for 350 million pounds ($479 million). There was no certainty that a sale would take place or about its terms, Hammerson said in a statement Monday.
“The company continues to make asset disposals in liquid markets to further strengthen the balance sheet, with gross proceeds of 73 million pounds achieved to date in 2021,” the firm said in the statement. ....

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