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Hammerson Leeds, The Rest Follow

Link to Property Week

"Property Week understands that Hammerson, which is fast spending the money it raised from selling its London office portfolio to Brookfield [nothing left for Brent Cross?] is under offer to buy the Victoria Quarter in Leeds.

"... It is thought that the Real Estate Investment Trust is planning to pay around £135m for the high-end scheme, which boasts Harvey Nichols and Louis Vuitton as two of its 76 tenants, and which adjoins Hammerson’s forthcoming £650m Eastgate Quarter.

"The deal is thought to be close to signing, and would give Hammerson control of a huge area of Leeds’s prime retail area."

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