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Hammerson PLC (HMSO.L)

HMSO.L on London Stock Exchange

534.00GBp
15 Dec 2017
Change (% chg)

2.50 (+0.47%)
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531.50
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534.00
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Volume
6,940,906
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3,548,023
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614.50
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Latest Key Developments (Source: Significant Developments)

Hammerson says disposal of Place Des Halles shopping centre
Wednesday, 22 Nov 2017 02:00am EST 

Nov 22 (Reuters) - HAMMERSON PLC ::DISPOSAL OF PLACE DES HALLES SHOPPING CENTRE.CONTRACTS FOR SALE OF ITS SHARE (64.5%) OF PLACE DES HALLES SHOPPING CENTRE IN STRASBOURG, FRANCE.LASALLE INVESTMENT MANAGEMENT WILL PURCHASE CENTRE FROM HAMMERSON AND ITS CO-OWNER FOR A TOTAL NET VENDOR PRICE (100%) OF EUR 291 MILLION.  Full Article

Hammerson says ‍continued positive momentum in leasing across group in Q3​
Thursday, 9 Nov 2017 02:00am EST 

Nov 9 (Reuters) - HAMMERSON PLC ::‍CONTINUED POSITIVE MOMENTUM IN LEASING ACROSS GROUP IN Q3​.‍IMPROVED TENANT SALES PERFORMANCE IN PERIOD; UK SALES FLAT AND FRANCE +5.6% YEAR ON YEAR IN THIRD QUARTER​.  Full Article

Hammerson announces exercise of early redemption option on GBP 250 mln 6.875 pct bonds
Wednesday, 13 Sep 2017 02:00am EDT 

Sept 13 (Reuters) - Hammerson Plc :HAMMERSON PLC ANNOUNCES EXERCISE OF EARLY REDEMPTION OPTION IN RESPECT OF GBP 250,000,000 6.875% BONDS DUE 2020.BONDS WILL BE REDEEMED IN FULL ON 20 OCTOBER 2017.  Full Article

Hammerson, Allianz Real Estate secure 625 mln euro loan for Ireland mall
Friday, 1 Sep 2017 09:00am EDT 

Sept 1 (Reuters) - Hammerson Plc ::‍HAMMERSON AND ALLIANZ REAL ESTATE ARRANGE A SEVEN-YEAR LOAN SECURED ON DUNDRUM TOWN CENTRE​.‍TOGETHER WITH ITS JV PARTNER ALLIANZ, ARRANGED A EUR625 MILLION 7-YEAR TERM LOAN SECURED ON IRELAND'S DUNDRUM TOWN CENTRE​.‍BNP PARIBAS AND DEKABANK ACTED AS LEAD ARRANGERS AND ALLIANZ REAL ESTATE ACTED ON BEHALF OF A NUMBER OF ALLIANZ COMPANIES​.  Full Article

Hammerson says first-half NAV up 4.3 pct
Wednesday, 26 Jul 2017 02:00am EDT 

July 26 (Reuters) - Hammerson plc :HAMMERSON PLC - AS AT JUNE 30, 2017 EPRA NET ASSET VALUE PER SHARE 7.71 POUNDS VERSUS 7.39 POUNDS AS AT DEC 31, 2016 (NOT JUNE 30, 2016).HAMMERSON PLC - AS AT JUNE 30, 2017 GEARING RATIO 62 PERCENT VERSUS 59 PERCENT AS AT DEC 31, 2016 (NOT JUNE 30, 2016).AS AT JUNE 30, 2017 LOAN TO VALUE RATIO 37 PERCENT VERSUS 36 PERCENT AS AT DEC 31, 2016 (NOT JUNE 30, 2016).INTERIM DIVIDEND UP 5.9 PERCENT TO 10.7 PENCEPER SHARE.HAMMERSON PLC - HY ADJUSTED PROFIT 119.4 MILLION POUNDS VERSUS 112.6 MILLION POUNDS YEAR AGO.HAMMERSON PLC - INTERIM DIVIDEND PER SHARE 10.7 PENCE VERSUS 10.1 PENCE A YEAR AGO.HAMMERSON PLC - HY ADJUSTED EPS 15.1P PENCE.ON A PROPORTIONALLY CONSOLIDATED BASIS NET DEBT AT 30 JUNE 2017 WAS £3,710 MILLION."BEGINNING TO SEE A SOFTER CONSUMER BACKDROP AND INCREASED HEADWINDS FOR RETAILERS IN UK".HAMMERSON PLC - HY NET RENTAL INCOME 184.0 MILLION POUNDS VERSUS 167.7 MILLION POUNDS YEAR AGO.  Full Article

Hammerson HY adjusted eps 15.1 pence
Wednesday, 26 Jul 2017 02:00am EDT 

July 26 (Reuters) - HAMMERSON PLC ::INTERIM DIVIDEND UP 5.9 PERCENT TO 10.7 PENCEPER SHARE.HAMMERSON PLC - HY ADJUSTED PROFIT 119.4 MILLION POUNDS VERSUS 112.6 MILLION POUNDS YEAR AGO.HAMMERSON PLC - INTERIM DIVIDEND PER SHARE 10.7 PENCE VERSUS 10.1 PENCE A YEAR AGO.HAMMERSON PLC - AS AT JUNE 30, 2017 EPRA NET ASSET VALUE PER SHARE 7.71 POUNDS VERSUS 7.39 POUNDS AS AT JUNE 30, 2016.HAMMERSON PLC - AS AT JUNE 30, 2017 GEARING RATIO 62 PERCENT VERSUS 59 PERCENT AS AT JUNE 30, 2016.HAMMERSON PLC - HY ADJUSTED EPS 15.1P PENCE.AS AT JUNE 30, 2017 LOAN TO VALUE RATIO 37 PERCENT VERSUS 36 PERCENT AS AT JUNE 30, 2016.ON A PROPORTIONALLY CONSOLIDATED BASIS NET DEBT AT 30 JUNE 2017 WAS £3,710 MILLION."BEGINNING TO SEE A SOFTER CONSUMER BACKDROP AND INCREASED HEADWINDS FOR RETAILERS IN UK".HAMMERSON PLC - HY NET RENTAL INCOME 184.0 MILLION POUNDS VERSUS 167.7 MILLION POUNDS YEAR AGO.  Full Article

Hammerson says CFO to be on leave following planned operation
Monday, 10 Jul 2017 06:30am EDT 

July 10 (Reuters) - Hammerson Plc ::Following planned operation last week, Timon Drakesmith, chief financial officer, will be taking a leave of absence in order to recuperate.In Drakesmith's absence, finance duties will be covered by Richard Shaw, group financial controller.  Full Article

Hammerson signs £360 million revolving credit facility
Friday, 21 Apr 2017 02:00am EDT 

April 21 (Reuters) - Hammerson Plc ::Signs £360 million revolving credit facility with a 5 year maturity.Syndication and signing of a £360 million unsecured rcf at an initial margin of 90 basis points with a syndicate of fourteen international banks.Facility has a maturity of five years which may be extended to a maximum of seven years..New facility will refinance an existing £175 million rcf maturing in april 2018.New facility will result in a reduced margin of 60 basis points.  Full Article

Hammerson proposes final dividend of 13.90 pence per shr
Wednesday, 8 Mar 2017 04:00am EST 

Hammerson Plc - :On 20 February 2017, board of directors of Hammerson proposed a final dividend of GBP 13.90 pence per share.  Full Article

Hammerson full-year NAV rises
Monday, 20 Feb 2017 02:00am EST 

Hammerson Plc : Final dividend 13.9 pence per share . 142,000M 2 of new space leased; over 40 new brands; leases signed at average 5 pct ahead of ERV . Total dividend 24 pence per share . Group LFL NRI up 2.2 pct (3.2 pct including premium outlets) demonstrating retailer demand for prime destinations . Premium outlets continue to outperform with sales growth of 8 pct; LFL NRI up 7.6 pct . Continued strong demand for retail park space driving high occupancy; LFL NRI up 2.4 pct . Total return 5.7 pct beating IPD benchmark (3.4 pct) . EPRA net asset value per share (2) 7.39 stg as at Dec. 31, versus 7.10 stg year ago . Adjusted profit (2) 230.7 mln stg at Dec. 31, versus 210.9 mln stg year ago .Despite some UK retail headwinds and geopolitical uncertainty, confident we have a resilient and adaptable business with multiple opportunities - CEO.  Full Article

Fitch Places Hammerson's Ratings on Negative Watch

(The following statement was released by the rating agency) LONDON, December 07 (Fitch) Fitch Ratings has placed Hammerson PLC's Long-Term Issuer Default Rating (IDR) of 'BBB+' on Rating Watch Negative (RWN), along with the senior unsecured rating of 'A-'. This action, which indicates that the rating could stay at its present level or potentially downgraded, follows the recent announcement that the company will acquire UK-based real estate and investment company Intu Properties PLC. Under the te