UK REIT Hammerson has confirmed it is in discussion with entitities related to Swiss investor Redical Holdings to sell its Victoria Gate and Victoria Quarter shopping centres for a figure close to £120 mln (€144 mln).
UK REIT Hammerson has confirmed it is in discussion with entitities related to Swiss investor Redical Holdings to sell its Victoria Gate and Victoria Quarter shopping centres for a figure close to £120 mln (€144 mln).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.