Hammerson shops for Bicester Village stake

By James Whitmore and James Whitmore12 February 1999

The company has paid £5.9m to buy out Bankers Trust and United Bank of Kuwait, two of the original backers of the scheme. The deal gives Hammerson a 15% stake in the centre, which was developed by Value Retail in 1994. The other investors in Bicester are US-based Chelsea GCA ...

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