Last checked at 16 Mar 2022 07:00
Hammerson plc ("Hammerson" or the "Company")
16 March 2022
Completion of Silverburn disposal
Following the announcement on 15 December 2021, Hammerson today announces that the Company and its joint venture partner Canada Pension Plan Investment Board have completed the disposal of Silverburn to entities affiliated with Henderson Park and Eurofund1 for a cash consideration of £140m2.
The announcement above has also been released on the SENS system of the Johannesburg Stock Exchange and on Euronext Dublin.
1. HPREF II Silverburn Investments LP and HPREF II UK General Partner Limited
2. £70m at Hammerson share
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, Director of Corporate Communications
T: +44 20 7887 4672 E: Natalie.Gunson@hammerson.com
FTI Consulting (for Hammerson)
John Waples
Tel: +44 20 3727 1000 E: john.waples@fticonsulting.com
Dido Laurimore
T: +44 20 3727 1000 E: Dido.Laurimore@FTIConsulting.com
Notes to Editors
Hammerson creates vibrant, continually evolving spaces, in and around thriving European cities, with a focus on prime urban estates and premium outlets. As at 31 December 2021, our portfolio of high-quality venues had a value of £5.4 billion. Key venues include Bullring, Birmingham, Dundrum Town Centre, Dublin, and Les Terrasses du Port, Marseille, and investments in premium outlets at Bicester Village, Oxfordshire, La Vallée, Paris, and Las Rozas, Madrid.