Hammerson Plc (LSE:HMSO) acquired an additional minority stake in Brent Cross Association Limited on May 12, 2025. Hammerson has increased its ownership stake in the Brent Cross Shopping Centre, solidifying its commitment to the ?1.4 billion redevelopment project aimed at transforming the iconic North London retail hub. The expansion plans, developed in partnership with Standard Life Investments, intend to double the centre's size to approximately 185,800 m², incorporating over 200 new retail stores, 60 restaurants, a cinema complex, hotel accommodation, and a new town square. Hammerson's increased investment underscores its strategy to rejuvenate its portfolio of city-centre assets by introducing innovative attractions and experiences.
Hammerson Plc (LSE:HMSO) completed the acquisition of an additional minority stake in Brent Cross Association Limited on May 12, 2025.
Hammerson Plc acquired an additional minority stake in Brent Cross Association Limited.
Published on 05/11/2025 at 18:00
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