Hammerson is selling its 50% interest in Queensgate shopping centre in Peterborough, UK. Well-informed sources told PropertyEU the UK REIT has hired CBRE to market the sale of the 80,000 m[sup]2[/sup] asset, which it bought in 2005 from Norwich Union for £156 mln (€184 mln). Hammerson owns the mall in a 50/50 JV with Aviva Investors.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
