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Hammerson closes £236m Highcross 50% equity divestment and refinances with Helaba and NatWest loan

Japan's Norinchukin Bank introduced by M&G Real Estate has bought the shopping centre
By James Wallace
November 29, 2018 | 8:06 AM

Hammerson has completed its 50% divestment in Highcross Shopping Centre in Leicester to Japan’s Norinchukin Bank for £236m, with the new joint venture refinancing the asset with a five-year two-bank senior loan.

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News | Hammerson closes £236m Highcross 50% equity divestment and refinances with Helaba and NatWest loan