Acquiring Company
Hammerson
Acquired Company
Manchester Arndale
Description
Hammerson has completed the £218 million acquisition of half of Manchester Arndale. This move is expected to be immediately earnings accretive, positioning Hammerson for future income and value creation. The company anticipates significant growth in EPRA earnings and net rental income following this transaction.
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Based on deal dataFrequently asked
Who acquired Manchester Arndale?
Manchester Arndale was acquired by Hammerson, based in London. The deal was reported on July 30, 2026. Hammerson is a leading investor and manager of retail and mixed-use property in Europe. The company focuses on key markets and seeks to create thriving places for communities. Hammerson is privately held and operates in Real Estate.
When did Hammerson acquire Manchester Arndale?
Hammerson's acquisition of Manchester Arndale was reported on July 30, 2026. Hammerson has completed the £218 million acquisition of half of Manchester Arndale. This move is expected to be immediately earnings accretive, positioning Hammerson for future income and value creation. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Manchester Arndale do?
Manchester Arndale is one of the largest city-centre shopping malls in the UK. It features a wide range of retail stores and dining options. The shopping centre attracts millions of visitors annually, contributing significantly to Manchester's economy. It is privately held, operating in E Commerce, and is based in Manchester.