CompletedReal Estate8 July 2026

Hammerson to acquire Ilac

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
Hammerson
Target
Ilac
Deal value
Not disclosed
Announced
8 July 2026
Status
Completed
Sector
Real Estate
Country
Ireland
Consideration
cash
What we know

Hammerson has agreed to acquire Ilac in a strategic acquisition. The transaction involves the purchase of the Irish real estate business by the UK-based buyer. Consideration for the deal is to be provided in cash. The specific financial value of the transaction has not been disclosed to the public. This move represents a cross-border expansion for Hammerson into the Irish property market. Ilac operates within the real estate sector in Ireland. The buyer is headquartered in Great Britain. The deal was announced on 8 July 2026. No other details regarding the purchase price or specific assets involved were released at the time of the announcement. The structure of the deal is straightforward, focusing on the transfer of ownership from the current shareholders to Hammerson. This acquisition allows the buyer to increase its footprint in the Irish real estate sector. The target company is based in Ireland. The buyer is a UK entity. The deal type is classified as a strategic acquisition. The consideration type is limited to cash payments. No debt or equity swaps are mentioned in the available data. The transaction is subject to regulatory approval.

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Deal timeline

1 update
  1. CompletedClosed

    Sale of £69m of non-core assets to buy 50% of Ilac

    Disclaimer* 8 July 2026 Hammerson plc ('Hammerson' or the 'Company') Hammerson sells £69m of non-core assets, recycles capital to buy 50% of Ilac Hammerson announces the sale of £69m of non-core assets, including multiple holdings in central Dublin and a further non-core investment. Together with the final Leeds disposal in January 2026, these transactions take total non-core divestmen

    LSE RNS

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