UK shopping centre operator Hammerson announced on Thursday that it has sold its 50% stake in VIA Outlets to Dutch pension fund APG for around £274 mln (€301 mln) and plans to raise £552 mln from a rights issue, to help it ride out the coronavirus crisis.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
