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April 12, 2021
Hammerson confirms talks over possible sale of retail parks portfolio to Brookfield
April 12, 2021
12 April 2021 | 08:29am StockMarketWire.com - UK stocks opened lower on Monday, even as local restaurants, bars and other non-essential businesses began to reopen, as jitters remain globally about rising bond yields and lofty stock valuations. At 0819, the benchmark FTSE 100 index was down 16.29 points, or 0.2%, at 6,899.46. Shopping centre owner Hammerson climed 1.4% to 37.92p, having confirmed press speculation that it was in talks about a possible sale of its retail parks portfolio to Brookf...
April 12, 2021
12 April 2021 | 12:26pm StockMarketWire.com - UK stocks were slightly lower by lunchtime on Monday, even as local restaurants, bars and other non-essential businesses began to reopen, with investor sentiment uncertain amid global jitters over rising bond yields and lofty stock valuations. By lunchtime, Londons blue chip benchmark index was down 22 points, or 0.32%, at 6,893.84, with high street names weakening on reopening day as investors decided to sell the fact. Shopping centre owner Hammers...
April 12, 2021
FTSE creeps lower as caution prevails ahead of US earnings season
March 12, 2021
12 March 2021 | 14:18pm StockMarketWire.com - Shopping centre owner Hammerson wrote down the value of its property portfolio to £6.3 billion in 2020 as the company posted the largest decline in net rental income in its history and disposed of some assets. The company reported net rental income of £158 million in 2020, down 41% on a like-for-like basis excluding premium outlets, largely impacted by Covid-19 closures, tenant restructuring and higher provisions for bad debt and tenant incentives...
March 12, 2021
12 March 2021 | 16:39pm StockMarketWire.com - The FTSE 100 did rather than better than its US and European counterparts on Friday, closing up 0.4% at 6,761.47. By 4.30pm UK time the S&P 500 was down 0.3% to 3,926.72. Weakness in sterling on a messy set of UK economic data helped lift the internationally-focused FTSE. The UK economy shrank by 2.9% in January, somewhat lower than the 4.9% drop many were anticipating, whilst UK imports and exports both fell by 19.3% in January Housebuilder Berkel...
January 19, 2021
Hammerson Q1 rent collection at 41% as lockdown restrictions bite
January 15, 2021
Hammersons CFO James Lenton to step down