26-04-2023 16:47 via retailgazette.co.uk

Westfield acquires Hammerson’s Croydon JV stake

// Unibail-Rodamco-Westfield acquires the outstanding share of the Croydon shopping centre redevelopment
// The deal puts an end to the JV with Hammerson, which it partnered with in 2013Westfield owner Unibail-Rodamco-Westfield has acquired the remaining 50% stake of the Croydon shopping centre redevelopment from Hammerson.
The deal puts an end to a decade-long joint venture of a £1.4bn regeneration project involving Croydon’s two main shopping centres: the Centrale Mall and The
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