JP Morgan sees rents falling as it cuts ratings for commercial property
21st Jan 2019 11:50
(Sharecast News) - JP Morgan Cazenove has downgraded a host of European property companies, including FTSE 250 firm Hammerson, as the UK retail sector continues to battle weak consumer sentiment.
Read moreWednesday broker round-up
9th Jan 2019 12:26
(Sharecast News) - Nichols: Numis upgrades to add with a target price of 1,650p.
Read moreHammerson completes sale of 50pc stake in Highcross
29th Nov 2018 10:48
(Sharecast News) - Hammerson has completed the sale of the 50% stake in the Highcross Shopping Centre in Leicester to an Asian investor introduced by M&G Real Estate, it announced on Thursday, for £236m.
Read moreMonday broker round-up
22nd Oct 2018 12:35
(Sharecast News) - British Land: Credit Suisse downgrades to underperform with a target price of 620p.
Read moreHammerson to sell 50% stake in Leicester shopping centre for £236m
8th Oct 2018 08:04
(Sharecast News) - Hammerson has agreed to sell its 50% stake in the Highcross shopping centre in Leicester for £236m.
Read moreTuesday broker round-up
24th Jul 2018 13:17
(Sharecast News) - Britvic: Shore Capital Markets downgrades to hold.
Read moreHammerson rental income slips as it prepares to exit retail parks
24th Jul 2018 07:48
(Sharecast News) - Hammerson posted its half-year report on Tuesday, reporting stability in valuations as well as earnings per share at 15.1p, and also announced a reshaped strategy to "elevate and accelerate" performance.
Read moreMonday broker round-up
23rd Jul 2018 12:53
(Sharecast News) - Hargreaves Lansdown: Jefferies downgrades to underperform with a target price of 1,650p.
Read moreTuesday 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
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