Hammerson PLC (HMSO.L)
Latest Key Developments (Source: Significant Developments)
UK's CMA : UK's CMA is investigating the completed acquisition by Hammerson Plc of the Grand Central Shopping Centre Business .Investigating whether the merger has resulted in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services-. Full Article
Hammerson PLC:Says Directors have proposed a final dividend of 12.8 pence per share.Says the final dividend is payable on 29 April 2016 to shareholders on the register at the close of business on 18 March 2016. Full Article
Hammerson PLC:Says it has exchanged contracts to sell the Villebon 2 retail park to a consortium of French institutional investors for EUR159 million (£116 million), ahead of the 30 June 2015 book value. Full Article
Hammerson PLC:Says launch and pricing of a ten year, 350 million pounds bond maturing 2025.Says bond was priced at 173 basis points over the reference gilt and has an annual coupon of 3.5 pct.Says issue was more than two times oversubscribed.Says Hammerson subsequently swapped the sterling bond nominal amount and coupon payments into euros resulting in a net coupon cost to Hammerson of 2.5 pct. Full Article
Hammerson PLC:Says that it has signed an agreement with Ireland's National Asset Management Agency to acquire the Project Jewel portfolio of loans secured against retail assets in Dublin, Ireland, including Dundrum Town Centre. Full Article
July 26 Britain-based shopping centre landlord Hammerson Plc posted a 4.3 percent rise in first-half net asset value, as more customers visited its malls.