Tuesday preview: Hammerson, Wizz Air, 'flash' euro area PMIs in focus
23rd Jul 2018 12:19
(Sharecast News) - Corporate results will be in the spotlight on Tuesday, as the results season picks-up speed on both sides of the Pond.
Read moreHammerson offloads two retail parks for £164m
23rd Jul 2018 08:16
(Sharecast News) - Shopping centre owner Hammerson has exchanged contracts for the sale of two retail parks to Capreon for £164m.
Read moreSector movers: REITS, electricity stocks drop
19th Jan 2017 16:22
(ShareCast News) - Tobacco stocks rose to the top of the leaderboard after analysts at Citi sung the praises of British American. In a research note sent to clients, analysts Adam Spielman, Jemima Benstead and Ravi Sharma said the firm was producing "some of the best" organic sales growth in the Eur
Read moreHammerson to sell 50% stake in Southampton leisure site for £48.5m
30th Dec 2016 07:09
(ShareCast News) - Property developer Hammerson will sell its 50% stake in the Watermark leisure and dining site near the Westquay shopping centre in Southampton to GIC, Singapore's sovereign wealth fund and the company's Westquay joint venture partner, for £48.5m The tenure of the Westquay joint ve
Read moreHammerson JV buys four European fashion outlets worth £502m
23rd Nov 2016 07:08
(ShareCast News) - Property investor Hammerson has taken part in a joint-venture purchase of four fashion outlet centres in Europe worth a combined €587m (£502m), in order to expand in the territory. The company, along with partners APG, Meyer Bergman and Value Retail in their joint venture VIA Outl
Read moreHammerson raises £400m in private placing
22nd Nov 2016 08:00
(ShareCast News) - Retail property developer Hammerson said it had raised £400m in a private placement transaction with 11 institutional investors from both the US and the UK. The company said it had placed fixed-rate private notes with maturities at seven, nine, 11 and 14 years. The notes are denom
Read moreMonday broker round-up
14th Nov 2016 10:38
(ShareCast News) - Dairy Crest: JP Morgan keeps at neutral with a target price of 600p. Tesco: HSBC upgrades to buy with a 260p target. Inmarsat: Jefferies stays at buy with a 1245p target. Aggreko: Barlcays reiterates overweight with a 1000p target. SSE: Goldman Sachs keeps at neutral with a 160
Read moreHammerson announces major new retail role
10th Oct 2016 11:39
(ShareCast News) - Property development and investment firm Hammerson announced the creation of a major new retail role on Monday. The group said it has appointed Mark Bourgeois - currently executive director of Capital and Regional - to the position of managing director UK and Ireland, responsible
Read moreFriday broker round-up
30th Sep 2016 10:06
(ShareCast News) - Vodafone: UBS reiterates buy with a target price of 310p. British Land: HSBC reiterantes buy, 738p target. Ophir Energy: Deutsche Bank keeps at neutral with a 95p target. Homeserve: UBS reiterates neutral with a 610p target. Intercontinental Hotels: Credit Suisse keeps at outpe
Read moreHammerson moves closer towards listing on Johannesburg Stock Exchange
19th Aug 2016 07:21
(ShareCast News) - Hammerson said on Friday developments towards achieving a secondary listing on the Johannesburg Stock Exchange (JSE) are at an "advanced stage". The listing is expected to take place on 1 September after approval from the Financial Surveillance Department of the South African Rese
Read moreHammerson acquisition of Grand Central gets regulatory clearance
28th Jul 2016 07:42
(ShareCast News) - Hammerson received some positive news on Thursday morning, with an announcement from the Competition and Markets Authority that it has unconditionally cleared the acquisition of Grand Central, Birmingham. The FTSE 100 firm had initially signalled the completion of the purchase on
Read moreHammerson rental income up while profit halves
25th Jul 2016 07:15
(ShareCast News) - Hammerson posted its half-year report for the six months to 30 June on Monday, with net rental income improving 5.1% to £167.7m during the period, or 2.1% on a like-for-like basis. The FTSE 100 firm reported profit including valuation changes of £162.5m, a drop of 50.2%, with adju
Read moreHammerson exchanges on Manor Walks in Northumberland
19th Jul 2016 07:24
(ShareCast News) - Hammerson announced on Tuesday that it has exchanged contracts for the sale of Manor Walks Shopping Centre, Cramlington in Northumberland to Arch Commercial Enterprise for £78m. The FTSE 100 firm said Manor Walks adjoins Westmorland Retail Park, which it will retain ownership of,
Read moreHammerson secures portfolio of Irish retail assets
8th Jul 2016 07:15
(ShareCast News) - Hammerson and joint venture partner Allianz Real Estate have secured the ownership of Dundrum Town Centre in Ireland, a shopping and leisure destination as part of a portfolio of market-leading retail assets in Dublin.. The two partners acquired loans secured against a portfolio o
Read moreMiners and defensives pace gains
4th Jul 2016 14:30
(ShareCast News) - Miners were doing best among the main market groups, with some market commentary referencing the boost to commodity prices from heightened expectations for further monetary stimulus from several of the world´s main central banks, while the Federal Reserve could be expected to stay
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