21st Dec 2015 07:06
(ShareCast News) - Hammerson has agreed to sell Newcastle-upon-Tyne's Monument Mall to the Standard Life Investments UK Property Fund for £75m. It's one of two sales the FTSE 100 company announced on Monday, with the disposal of a small land interest in Kingston-upon-Thames to St George for £12m. I
Read more7th Dec 2015 14:09
(ShareCast News) - The FTSE 100 started the week in the green, up 14.06 points (0.23%) to 6,252.35 by mid-afternoon Monday. Rolls-Royce Holdings led the charge after a report from Sky News that senior representatives of American fund ValueAct will meet the president of Rolls-Royce's aerospace divisi
Read more7th Dec 2015 11:29
(ShareCast News) - Deutsche Bank has upgraded Land Securities from 'hold' to 'buy' and downgraded British Land Company from 'buy' to 'hold' as it re-evaluates the UK real estate sector. The investment bank said in its industry update on Monday that the sector is close to high cycle conditions. "We
Read more1st Dec 2015 14:15
(ShareCast News) - The FTSE 100 was in the black on Tuesday, sitting at 6,379.33, up 23.24 points (0.37%) by mid-afternoon. The biggest risers came from the banking sector after all seven of Britain's largest banks passed stress tests by the Bank of England, with Governor Mark Carney assuring that n
Read more21st Oct 2015 07:51
(ShareCast News) - Property development and investment company Hammerson has successfully launched and priced a ten-year, £350m bond maturing in 2015. The bond was priced at 173 basis points over the reference gilt and has an annual coupon of 3.5%. Hammerson said the issue was more than two times o
Read more9th Oct 2015 16:28
(ShareCast News) - Ferrexpo: UBS upgrades to neutral, cuts target price to 36.00p. Carillion: Investec Securities downgrades to hold. Target price: 300.00p. Weir Group: RBC Capital Markets downgrades to underperform, bumps down target price to 50.00p. United Utilities Group: Credit Suisse upgrades
Read more8th Oct 2015 17:33
(ShareCast News) - Tullow Oil: JP Morgan Cazenove upgrades to overweight, cuts target price to 310.00p. Soco International: UBS downgrades to sell, keeps target price at 150.00p. Synthomer: Berenberg Bank starts new coverage with a buy, sets target price at 400.00p. Weir Group: Investec Securities
Read more29th Sep 2015 07:10
(ShareCast News) - Property development and investment company Hammerson and its joint venture partner Allianz Real Estate have signed an agreement with Ireland's National Asset Management Agency to acquire the Project Jewel portfolio of loans secured against retail assets in Dublin for €1.85bn or £
Read more24th Jul 2015 09:19
(ShareCast News) - Investors braved weaker than expected readings on Chinese and Eurozone manufacturing and lingering worries regarding Greece, allowing the top flight index to recover after dipping at the start of trading. As of 09:05 the Footsie was 7.34 points higher to end at 6,665.30. Stocks r
Read more24th Jul 2015 08:26
(ShareCast News) - Some follow-through selling in the commodities space on the back of weak Chinese manufacturing sector figures and a lower overnight on Wall Street - after poor earnings reports from the likes of Caterpillar, Freeport-McMoran and Dow Chemical - were expected to weigh on share price
Read more24th Jul 2015 08:14
(ShareCast News) - Mall owner Hammerson said returns on its property investments were up 5.7% for the first half of the year, 1% higher than estimated. The retail property investor said returns for the six months ended 30 June 2015 were up due to strong returns premium outlets and developments. Ham
Read more10th Jul 2015 11:44
(ShareCast News) - Stocks were holding near their best levels of the day as traders waited for the Greek parliament to vote on their Prime Minister's bailout proposal and monitored the news flow to see if Germany would allow debt-relief. There was uncertainty early on Friday over how European leader
Read more10th Jul 2015 08:50
The relief rally in British stocks gathered pace after Greece made concessions to its creditors overnight in exchange for a £38.56bn (€53.5bn) rescue programme, although some analysts and government officials were cautious. As of 08:55 the Footsie was up by 51.89 points to 6,633.59. The second tier
Read more10th Jul 2015 07:07
Hammerson has agreed to sell its interest in the Grand Maine shopping centre situated to the south west of Angers in France to a French institutional investor for €63.2m. Grand Maine comprises 8,600 square metres of retail space with 57 units over two levels and is adjacent to a large Carrefour supe
Read more3rd Jul 2015 16:31
UK stocks finished firmly lower on Friday as investors showed their nerves ahead of a pivotal weekend for Greece as the public votes on creditors' bailout proposals. With the result of the referendum apparently too close to call and reports claiming that Greek banks were beginning to run out of mone
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