IN BRIEF: Lighthouse Properties continues to trim Hammerson holding
Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Sells 164.9 million shares in Hammerson PLC for ZAR1.02 billion. Lighthouse has been disposing of its Hammerson shares since November last year to allow itself to pursue yield-accretive direct property acquisitions. As at January 5, Lighthouse directly owned 796.4 million shares, or 16%, in Hammerson. Hammerson is a London-based property development and investment company. Read More