8th Jul 2026 07:48
Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres - Sells "non-core assets" for GBP69 million, including multiple holdings in central Dublin. Together with a disposal in Leeds in January, Hammerson says the new sales take total non-core divestment so far in 2026 to GBP75 million, which it says is at a premium to book value. The central Dublin holdings are sold to Transport Infrastructure Ireland for use for the Irish capital's planned Metrolink train system, Hammerson says. The proceeds will be recycled into existing assets and new opportunities, the company says, noting it recently completed the acquisition of the remaining 50% interest in the Ilac Centre, a shopping centre in central Dublin.
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By Artwell Dlamini, Alliance News senior reporter South Africa
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