Landlord Hammerson has sold its Bicester Village stake for £1.5bn

Shoppers at Bicester Village outlet centre

Source: Bicester Village

Hammerson has completed the £1.5bn sale of its joint venture in Bicester Village to a newly created private equity firm.

The institutional landlord completed the sale to a newly created private equity firm called L Catterton, backed by LVMH.

 

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