Hansteen's investment push
Friday 23 December 2011
The property investor Hansteen Holdings and a fund managed by the firm have spent £150m on 88 industrial warehouses formerly owned by the Merseyside-based Spencer Group.
The deal is one of Hansteen's biggest after the company raised £150m to snap up potential bargains earlier this year. It has about £300m in firepower left for further acquisitions. The shares added nearly 4 per cent to 72.4p.
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