Hammerson to take over Brent Cross in £200m deal.
Hammerson confirmed on Monday that it was set to take full control of Brent Cross shopping centre.
Hammerson
12 May 2025 12:57:16
Source: Sharecast
Responding to recent press speculation, the company said it was in the process of buying the 59% of Brent Cross it does not already own from Aberdeen for around £200m.
Hammerson said that its existing managing stake, together with the units being bought from Aberdeen, represent an economic interest of more than 90% in Brent Cross.
"The process is ongoing and a further update will follow in due course," Hammerson said.
Shares in the company were up 0.6% at 256.60p at 1255 BST.
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