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VIA Outlets buys European portfolio

Hammerson and its partners in VIA Outlets, APG, Meyer Bergman and Value Retail, have acquired three further centres for their newly created venture, established to take advantage of further growth in the European outlet sector.
By James Buckley
November 17, 2014 | 1:54 P.M.

Purchased from The Carlyle Group, the Freeport Portfolio of outlets include Alcochete in Portugal, Kungsbacka in Sweden and Excalibur in the Czech Republic. The three properties have been acquired at an initial yield of 8%. Hammerson owns a 47% interest in VIA Outlets and the newly purchased properties and will contribute 57m (£45m) towards this acquisition.

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News | VIA Outlets buys European portfolio