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Hammerson completes sale of major Leeds site – Northern Financial Review

Summary by northernfinancialreview.com
Hammerson has completed the sale of its standalone Templar Street assets in Leeds — where a £1 billion mixed-use scheme in the Eastqate Quarter is planned — to a joint venture between Leeds-based Khalbros and Torsion Group. The total cash consideration was £26 million, which represents a 23% premium to book value. “The sale follows several years of asset management and close alignment with stakeholders including Leeds City Council (LCC) to bring…
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northernfinancialreview.comnorthernfinancialreview.com

Hammerson completes sale of major Leeds site – Northern Financial Review

Hammerson has completed the sale of its standalone Templar Street assets in Leeds — where a £1 billion mixed-use scheme in the Eastqate Quarter is planned — to a joint venture between Leeds-based Khalbros and Torsion Group. The total cash consideration was £26 million, which represents a 23% premium to book value. “The sale follows several years of asset management and close alignment with stakeholders including Leeds City Council (LCC) to bring…

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northernfinancialreview.com broke the news in on Thursday, April 3, 2025.
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