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"Hammerson Plc (HMSO)’s 518 million-pound ($814 million) sale of most of its London office buildings makes acquisitions easier and accelerates its transformation into a specialist retail-property investor, according to one of the U.K. company’s largest shareholders.
"... Chief Executive Officer David Atkins said:
"We have huge firepower. [Diminished bank lending and a lackluster economic outlook] will give rise to interesting opportunities that we are in a good position to exploit with our liquidity."
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