Issue 2012 September 17th

This issue was created on 2012-09-17 23:47:00

  • Hammerson Croydon: what happens next?September 17, 2012
UK property developer Hammerson has raised the stakes with Westfield over rival plans to redevelop the retail offer in Croydon, south London by acquiring a 25% stake in the 155 year head-lease of the Whitgift Centre. The £65m deal with Royal London strengthens its position as it battles with Westfield to acquire the site for a major new shopping complex.
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