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Interactive Investor: "Hammerson sees buying opportunities in Europe's debt crisis"

Link to web site

"Anglo-French property developer Hammerson Plc spies buying opportunities in a European property market depressed by the debt crisis, as it looks to spend the proceeds of the £518-million ($810-million) sale of its London office properties.

"The company, whose portfolio is now 97 percent retail, following the deal with U.S. group Brookfield Office Properties in June, said today that it had about one-billion-pounds readily at hand to splash out."

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