Hammerson sees strong demand for new bond issuance
3rd Oct 2024 08:43
(Sharecast News) - Retail-focused property group Hammerson has announced the oversubscribed launch of a new 12-year £400m bond, which will be used to support growth and refinance outstanding debt.
Read moreLondon close: Stocks slip ahead of much-awaited Fed decision
18th Sep 2024 15:03
(Sharecast News) - London's stock markets closed lower on Wednesday, as investors digested the latest UK inflation figures and looked ahead to the US Federal Reserve's policy announcement later in the day.
Read moreCiti upgrades Hammerson to 'buy'
18th Sep 2024 10:08
(Sharecast News) - Citi upgraded Hammerson to 'buy' from 'neutral' on Wednesday and lifted the price target to 43p from 26p, saying it was entering a "new positive up cycle".
Read moreHammerson refinances debt on large Dublin shopping centre
14th Aug 2024 07:17
(Sharecast News) - Hammerson, in partnership with PIMCO Prime Real Estate, has successfully secured a €350m non-recourse term loan to refinance the existing debt on Dundrum Town Centre in Dublin.
Read moreHammerson disposals lower profits but CEO gives upbeat outlook
25th Jul 2024 10:41
(Sharecast News) - Retail-focused property investor Hammerson reported a slight fall in adjusted profits in the first half as the company continues to sell off assets and cut debt amid ongoing declines in rental income and valuations.
Read moreLondon close: Stocks rise on China rate cut, Biden withdrawal
22nd Jul 2024 15:21
(Sharecast News) - London's stock markets ended Monday on a positive note, buoyed by a surprise interest-rate cut from China and significant political news from the United States.
Read moreHammerson offloads stake in Value Retail, plans £140m buyback
22nd Jul 2024 07:19
(Sharecast News) - Shopping centre owner Hammerson said it had sold its interest in Value Retail to consumer-focused investment firm L Catterton for an enterprise value of £1.5bn and also announced a £140m share buyback along with a one-for-10 shar consolidation.
Read moreLondon close: Stocks manage gains ahead of US payrolls report
4th Apr 2024 15:58
(Sharecast News) - London markets closed higher on Thursday, driven by a robust showing from the mining sector and as investors contemplated the UK services sector's latest figures.
Read moreLondon close: Stocks turn red on return from Easter break
2nd Apr 2024 15:22
(Sharecast News) - UK stocks experienced a downturn by the end of trading on Tuesday, as investors resumed activity following the extended weekend, with initial gains reversed by the close ahead of a week marked by a number of key economic data releases.
Read moreHammerson earnings rise in record year for leasing activity
29th Feb 2024 08:32
(Sharecast News) - Hammerson reported another record year of leasing activity in its final results on Thursday, with 306 deals totalling £46m in headline rent, marking an increase of 23% year-on-year.
Read moreLondon close: Stocks fall as investors look to US data
26th Feb 2024 15:11
(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.
Read moreHammerson to sell Aberdeen shopping centre for £111m
26th Feb 2024 07:20
(Sharecast News) - Hammerson said on Monday that it has agreed the sale of Aberdeen shopping centre Union Square to an affiliate of Lone Star Real Estate Fund VI for £111m in cash.
Read moreMorgan Stanley sees 'compelling' opportunity with UK property stocks
26th Sep 2023 09:24
(Sharecast News) - UK real estate investment trusts (REITs) offer a "compelling" investment opportunity, according to analyst at Morgan Stanley, who said that the sector could soon see a recovery as challenging macro conditions slowly begin to ease.
Read moreMorgan Stanley upgrades Hammerson, downgrades Landsec
4th Sep 2023 11:44
(Sharecast News) - Morgan Stanley lifted its rating on Hammerson on Monday but downgraded Landsec as it took a look at property stocks.
Read moreHammerson swings to loss
27th Jul 2023 10:30
(Sharecast News) - Property development and investment group Hammerson said on Thursday that it swung to a loss in the first half due to disposals.
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