HAMMERSON PLC - Acquisition of Cergy 3 shopping centre, France

Acquisition of Cergy 3 shopping centre, France

Hammerson plc
(Incorporated in England and Wales)
(Company number 360632)
LSE share code: HMSO JSE share code: HMN
ISIN: GB0004065016
(“Hammerson” or “the Company”)

Acquisition of Cergy 3 shopping centre, France

Hammerson plc (“Hammerson”) announces that it has completed the acquisition of the 11,000m2
shopping centre Cergy 3 adjoining its centre Les Trois Fontaines, Cergy Pontoise, Paris for EUR
81 million (£72 million) from a private vendor.

Les Trois Fontaines is established as the leading shopping destination for the Val d’Oise region of
Paris and is one of Hammerson’s flagship assets in France. This acquisition of the adjoining Cergy
3 centre strengthens Hammerson’s investment by increasing the scale of the retail platform and
growing catchment share. It also supports an enhanced customer experience by providing the
opportunity to manage leasing and consumer initiatives across both adjoining sites.

Les Trois Fontaines is trading well, in particular benefiting from a recent refurbishment.
Hammerson is progressing with plans for a 33,000m2 extension of its centre alongside a wider
project by the city authorities in Cergy Pontoise. The proposed extension would take the total retail
space to over 95,000m² with 3,700 car park spaces, 230 stores and an attractive restaurant and
leisure offer to create one of the leading retail centres in the Paris region. The extension plans are
supported by the co-owners, Auchan hypermarket, and the city authorities. Building permits and
retail consents have been obtained, a contractor has been selected and pre-letting is progressing
well to be in a position to start in 2018.

Cergy 3 is anchored by FNAC and has 46 units let to retailers and restaurants including Grande
Récré and Foot Locker producing EUR 3.2 million (£2.8 million) of rental income.                Asset
management initiatives have been identified as part of the extension project to create additional
value.

David Atkins, Hammerson CEO, commented:

“The purchase of Cergy 3 strengthens our retail presence in the affluent Western catchment of
Paris adding to the scale of Les Trois Fontaines, which trades amongst the top French shopping
centres. It allows us to manage all leasing and ensure a consistent quality across the whole centre.
The future development of Les Trois Fontaines provides the opportunity to further enhance one of
Hammerson’s flagship retail schemes in France adding new international fashion operators and
increased dining and leisure.”

ENDS

For further information:

Hammerson

David Atkins, CEO
Tel: 020 7887 1000

Rebecca Patton, Head of Investor Relations
Tel: 020 7887 1109

Lindsay Dunford, Head of Corporate Communications
Tel: 020 7887 1115

Note: Hammerson has its primary listing on the London Stock Exchange and a secondary inward
listing on the Johannesburg Stock Exchange.

19 October 2017

Joint Sponsors:
Deutsche Securities (SA) Proprietary Limited
Java Capital

Notes to Editors

Hammerson is a FTSE 100 owner, manager and developer of retail destinations in Europe. Our
portfolio of high-quality retail property has a value of around £10.5 billion and includes 23 prime
shopping centres, 17 convenient retail parks and investments in 20 premium outlet villages,
through our partnership with Value Retail and the VIA Outlets joint venture. Key investments
include Bullring, Birmingham, Bicester Village, Dundrum Town Centre, Dublin and Les Terrasses
du Port, Marseille.

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