UK REIT Hammerson has completed the disposal of Exchange Tower, Harbour Exchange, in London's Docklands for £134 mln (EUR 155 mln). MPGA, the private equity real estate investment advisory company, exchanged contracts with Hammerson in June to acquire the 45,000-m[sup]2[/sup] office tower on behalf of MGPA Europe Fund III. The net yield comes to 8.1%.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
