UK retail landlord Hammerson said on Friday that it has agreed to sell its remaining retail park portfolio to Orion's European Real Estate Fund V for £400 mln (€478 mln), reflecting a 22.8% discount to the June 2019 book value and a net initial yield of 8.9%.
Listed REITs and banks, British Land, Capital & Regional and Wells Fargo, bought and sold four shopping centres and retail parks this week.
