Hammerson and Pimco Prime Real Estate secure €350m term loan for Dundrum Town Centre, Ireland's top retail destination.

Hammerson and Pimco Prime Real Estate have jointly secured a €350m (£300m) term loan for Dundrum Town Centre, Ireland's top retail destination. The loan has a 7-year term and an all-in interest cost of 5.5% per year, due in September 2031. The shopping centre, which is 95% occupied, underwent recent repositioning and hosts over 150 brands, including restaurants and a 12-screen cinema.

August 14, 2024
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