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On March 15, 2024, Hammerson plc announced the completion of the disposal of Union Square. The property was sold to LSREF VI Dee Bidco Limited, an affiliate of Lone Star Real Estate Fund VI, L.P., for a cash consideration of £111m.
| Date | 15 Mar 2024 |
| Time | 14:45:00 |
| Category | Disposals |
| ID | 1037H |
Hammerson plc ("Hammerson" or the "Company")
15 March 2024
Completion of sale of Union Square
Following the announcement on 26 February 2024, Hammerson today announces the completion of the disposal of Union Square to an affiliate1 of Lone Star Real Estate Fund VI, L.P. for a cash consideration of £111m.
1LSREF VI Dee Bidco Limited
ENDS
Hammerson Investor Contact
Josh Warren, Hammerson, Director of Strategy & Investor Relations
T: +44 20 7887 1053 E: josh.warren@hammerson.com
Hammerson Media Contacts
Natalie Gunson, Hammerson, Group Director of Corporate Communications
T: +44 20 7887 4672 E: Natalie.Gunson@hammerson.com
MHP for Hammerson
Ollie Hoare and Charles Hirst
T: +44 (0)20 3128 8100 E: Hammerson@mhpgroup.com
This announcement has also been released on the SENS system of the Johannesburg Stock Exchange and on Euronext Dublin