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Hammerson announces disposal of St Oswald’s Retail Park

Hammerson plc has exchanged contracts on the sale of St Oswald’s Retail Park, Gloucester, to a local authority for £54 million. The sale price reflects a net initial yield of 8.5%, and is 8% below the 30 June 2019 book value. The 20,900m2 scheme, which is located to the north of Gloucester city...

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Atterbury’s Richmond Park to welcome new convenience centre

A R113 million new convenience retail centre will open at Atterbury’s Richmond Park development, the site of the biggest land restitution in the Western Cape, in April 2020. Adding to the superb convenience of this Cape Town business park, the new 6,500m2 Richmond Corner will feature much...

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Capco announces sale of Earls Court interests for £425m

Capco has announced the exchange of contracts for the sale of its interests in Earls Court,excluding Lillie Square, to APG and Delancey (on behalf of its client fund) for £425 million. This transaction is consistent with Capco’s strategy of monetising investments at Earls Court over time with a...

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