Hammerson wants to sell outlets in Spain

Hammerson wants to sell outlets in Spain

The outlets are the Las Rozas Village, located in Madrid, of which the company owns 38% and the La Roca Village in Barcelona, of which the company has a 41% share.

This decision was driven by the crisis in the United Kingdom and, on the other hand, by the need to pay the company’s debts, according to newspaper Expansión this Monday.

With these and other divestments, Hammerson expects to earn around 561 million euro.

 

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!