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Hammerson confirms retail parks sale Hammerson has confirmed the sale of its retail park portfolio to Canadian investor Brookfield, for £330m. The deal includes retail parks in Falkirk, Didcot, Middlesbrough, St Helens, Telford, Merthyr Tydfil and Rugby. Earlier this year Hammerson also disposed of its shares in Brent South Shopping Park and its minority interests in Nicetoile and Espace Saint Quentin for £73m, in line with 31 December 2020 valuations. These transactions, when combined with the sale of the remainder of its retail parks portfolio to Brookfield, take the total gross proceeds of Hammerson’s disposals in 2021 to £403m, at an average discount to 31 December 2020 valuations of 6%.

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