Hammerson: Shopping centre giant hit with £500m loss after selling stake in Bicester Village RETAIL British shopping centre giant Hammerson has taken a £500m loss on the £1.5bn deal to sell its share in the company behind Bicester Village, according to just-filed documents.
LVMH-backed L Catterton, the new owner of Bicester Village is one of the world’s biggest retail investors retail Silver Bidco, a newly-formed Jersey-based vehicle of L Catterton, has bought Hammerson's stake in Value Retail, the owner of Bicester Village.
Hammerson shares jump after firm sells £1.5bn stake in Bicester Village RETAIL British shopping centre giant Hammerson has sold its interest in the company behind Bicester Village in a deal worth £1.5bn, according to a statement released today.
Bicester Village: Shoppers eyeing bargains on luxury help sales and profits surge May 23, 2024 Shoppers seeking a bargain on luxury helped the company behind Bicester Village, which was founded by the family that owns the Empire State Building in New York, increase its sales and profits last year, according to newly-filed accounts.