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Hammerson disposes of Westmorland Retail Park in Cramlington
Hammerson has exchanged contracts for the sale of Westmorland Retail Park, Cramlington in Northumberland to Arch Commercial Enterprise Ltd for €40.4 million (£36 million). Arch also acquired the adjacent Manor Walks Shopping Centre in July 2016 from Hammerson. The two schemes form the core retail offer for Cramlington town centre…