There’s death and taxes, and then there’s divorce and transfer duty. It would be be inaccurate to really compare the former to the latter, but one thing is for sure: Both need to be handled with care, sensitivity and sound advice.

Hammerson plc (“Hammerson”) has exchanged contracts for the sale of a 50% stake in Highcross shopping centre in Leicester for £236m. This represents a 5% discount to December 2017 book value allowing for capex associated with the proactive reconfiguration of the former House of Fraser store.

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