Property stocks hit on report government to extend eviction ban
Plans expected to be revealed later today by the government will also include a new arbitration service
Company
Hammerson PLC
LON:HMSO
Hammerson PLC is a commercial and retail property developer and manager with a diverse range of investments in the United Kingdom and continental Europe.
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Commercial property recovery might be short-lived warns economist as Hammerson culls retail parks
"There is limited further upside in the near-term, despite the more favourable economic outlook.”
Hammerson reports strong rebound in footfall as shops reopen
Hammerson announced last week it was cutting retail rents by a third
Hammerson confirms it is in talks to sell its retail portfolio
The Sunday Times newspaper reported that the disposed portfolio comprises retail parks in Falkirk, Didcot, Middlesbrough, St Helens, Telford, Merthyr Tydfil, and Rugby.
Hospitality, leisure stocks on the rise after Boris Johnson confirms April 12 reopening in line with roadmap
Indoor venues such as non-essential retail, hairdressers and gyms as well as bars and restaurants with outdoor seating will resume trading next week
Hammerson bottom line gets a 'malling' but shares rise on news of strategic review
"We are currently working on a thorough strategic and organisational review that will map out a route to future growth to transform the business," said CEO Rita-Rose Gagné
Hammerson hit by new round of coronavirus lockdowns
National lockdowns are in place in Ireland and the UK, with significant restrictions in place across France
Hammerson says rent collections improving but still low
Rates of collection from the last two quarters should improve further now that most sites had reopened again
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Seeing Machines rises with new product strategy
A look at Wednesday's major share movers in the London Stock Exchange
Hammerson's rescue rights issue will allow it to dodge near-term covenant breach, says broker
In a note upgrading the Bullring owner to 'hold' from 'sell', analysts at Liberum also said they did not expect any more disposals from the firm following the planned sale of its European joint venture Via Outlets
Hammerson launches £552mln rights issue at 95% discount and sells European JV
Hammerson unveiled the rescue refinancing alongside a £1.1bn loss for the half-year to end-June, 2020
Hammerson and IAG stoke funding market back up after quiet July
July had shown a falling trend in terms of fundraisings until IAG stepped in
Hammerson might struggle to fund buyers for rights issue shares, suggests broker
"Our 30p target price is based on an average of two rights issue scenarios"
Hammerson confirms plan for huge rights issue and sale of Via Outlets stake
Via Outlets is a joint venture with Dutch pension fund APG that owns shopping centres in European cities such as Amsterdam and Prague
Hammerson wobbles as short sellers tighten the screws
The shopping centre owner now has over 13% of its shares held in short positions following a steep decline in its value since the start of 2020
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FTSE 100 closes lower midweek as rising tension between US and China hits global sentiment
The UK's index of premier shares closed down over 62 points, or 1%, at 6,207
Hammerson may just be delaying the inevitable
The shares trade on an 85% discount to net asset value but Peel Hunt retained its 'reduce' recommendation and Liberum remained at 'sell'
Hammerson to continue selling off properties after lenders relax covenants
The retail property developer has been approved for £300mln from the Bank of England’s Covid Corporate Financing Facility
Hammerson boss to leave after ten years in the role
He will remain in position until spring 2021 at latest while the board looks for a replacement
Hammerson suffers blow as retail parks disposal deal collapses
Hammerson said it will now terminate the purchase agreement and take the £21mln deposit held in escrow