Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Peel Hunt
Provider: Wright Reports

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Hammerson PLC Announces Acquisition Of 25% Stake In Whitgift Centre, Croydon

Monday, 17 Sep 2012 05:09am EDT 

Hammerson PLC announced that it has exchanged conditional contracts to acquire Royal London's interest in the 155 year headlease of the Whitgift Centre, Croydon. The consideration for the 25% stake is GBP65 million. The Whitgift Centre compromises approximately 600,000 ft² retail space and 400,000 ft² offices (including Centre Tower). The 25% acquired stake generates gross annual income of GBP3.3 million, and net income of GBP2.2 million, reflecting vacancy and associated costs. 

Company Quote

-7.5 -1.25%
11:37am EDT