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Hammerson Sells Its Value Retail Interest for £1.5 Billion

LVMH's L Catterton Private Equity Firm Is the Buyer
Bicester Village is the jewel in the crown. (CoStar)
Bicester Village is the jewel in the crown. (CoStar)
CoStar News
July 22, 2024 | 8:11 AM

Hammerson has disposed of its entire interest in Value Retail to a Jersey company established by affiliates of L Catterton, for an enterprise value of £1.5 billion, generating cash proceeds of circa £600 million.

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