Irish retail sites not for sale as Hammerson eyes more disposals

Hammerson is not looking to sell any of its Irish interests as part of its latest disposal round. It co-owns the Dundrum Town Centre in Dublin and has a minority stake in the Kildare Village retail outlet, above.

UK retail developer and landlord Hammerson has no intention of selling its stakes in the Kildare Village shopping outlet nor its other Irish assets, despite looking to sell off a number of its retail parks in order to strengthen its balance sheet.

Hammerson has confirmed that it has opened discussions with Canadian private equity firm Brookfield, with a view to selling some of its retail parks in the UK as it moves to shore up its balance sheet after being decimated by Covid closures last year.