Silverburn owners in talks to sell shopping centre
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Hammerson is in discussions to sell the the shopping centre, which it has owned since 2009, for around £140 million.
The company purchased the centre over a decade ago for £300 million.
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Hide AdIn a statement, Hammerson said: “There can be no certainty that a transaction will take place, but the company confirms the pricing under discussion is £140m, which would represent a class 2 transaction.
“The company will provide a further update in due course, if appropriate.”
The company is aiming to dispose of ‘non-core assets’ to strengthen the balance sheet and give it funds for investment.
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