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2019-02-26

Barnet Times: "Brent Cross Shopping Centre owner to sell assets to pay debts"


Link to web site

"Shopping centre owner Hammerson, owner of Brent Cross, has reported millions of pounds in losses, and says it will sell off some of its investments to pay off its debt worth over £3 billion.

"In July 2018, the company said it would be selling £1.1 billion of its investments, properties and estates over a two-year period.

"The news has been met with some trepidation as people fear the losses and the selling off of assets may harm Brent Cross or people's jobs."

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