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BRIEF-Hammerson sells last office property, wholly focused on shops
November 9, 2012 / 7:06 AM / 5 years ago

BRIEF-Hammerson sells last office property, wholly focused on shops

Nov 9 (Reuters) - Hammerson PLC : * Hammerson now exclusively retail focused having sold £627 million of office

property * Disposal of our final office property in London for £42 million, 10% above

book value * Occupancy of 97.3% at 30 September 2012 and leasing in the period 5% above

erv * Approximately £850 million of liquidity available for further investment * Remain cautious about the overall economic outlook in the UK and Europe

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