Hammerson PLC - London-based real estate investment trust owns city-centre shopping centres in the UK and elsewhere - Offers to buy back three separate bonds. These include GBP300.0 million 6.00% note due 2026, GBP300.0 million 7.25% issue due 2028, and GBP350.0 million 3.500% bond due 2025. Says this offer is part of its plan to "actively manage" its balance sheet liabilities. Read More
(Alliance News) - London's FTSE 100 retreated on Wednesday, as an interest rate decision by the US Federal Reserve closed in, with the magnitude of the expected rate cut in doubt. Read More
Hammerson PLC - London-based real estate investment trust owns city-centre shopping centres in the UK and elsewhere - Wraps up the sale of its "non-controlling and yield-dilutive" stake in Value Retail PLC to Silver Bidco Ltd, a company established by certain affiliates of L Catterton. The deal gives Value Retail an enterprise value of GBP1.5 billion and it generates GBP600 million in cash for Hammerson. It has said this sale will lower its debt. Hammerson entered into an agreement to sell Value Retail in July. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
Hammerson PLC - London-based property development and investment company - Says its shareholders have approved a share consolidation at a general meeting. It had said back in July the move seeks to simplify its share capital through a 1 for 10 share consolidation, and to increase distributable reserves by reducing its share premium account. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Stocks were called lower on Friday, joining peers in the US and Asia, ahead of a GDP print from the eurozone later in the day, and following a data-heavy week globally. Read More
Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Sells additional 224.1 million shares in Hammerson PLC on market for ZAR1.45 billion. Last month, it disposed of an additional 111.1 million shares in Hammerson for ZAR765.6 million. The sale is part of Lighthouse's plan to dispose of up to 634.5 million shares in Hammerson over the next 12 months from May. Read More
Hammerson PLC - London-based property development and investment company - Together with Pimco Prime Real Estate arranges a EUR350 million term loan of up to seven years, secured on Ireland's Dundrum Town Centre, with lenders Rothesay, BNP Paribas and Deka. The new loan due September 2031 is at an all-in interest cost of 5.5% per year. Dundrum is a shopping centre located in southern Dublin. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday: Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
Hammerson PLC - London-based property development and investment company - Shan Annous acquires 280,552 shares at 28.62 pence each, worth GBP80,293, on Tuesday. Shan Annous is closely associated with Non-Executive Director Habib Annous. Read More
Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Disposes of an additional 111.1 million shares in Hammerson PLC for ZAR765.6 million on Friday last week. This sale is part of Lighthouse's plan to dispose of up to 634.5 million in Hammerson over the next 12 months from May. Over the past two months, Lighthouse sold 277.1 million shares worth ZAR1.82 billion. Read More
Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Disposes of an additional 111.1 million shares in Hammerson PLC for ZAR765.6 million on Friday last week. This sale is part of Lighthouse's plan to dispose of up to 634.5 million in Hammerson over the next 12 months from May. Over the past two months, Lighthouse sold 277.1 million shares worth ZAR1.82 billion. Read More
(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday: Read More
(Alliance News) - Hammerson PLC on Thursday reported a heavy loss in the first half of 2024 after taking an impairment charge following the sale of its stake in Value Retail PLC. Read More
(Alliance News) - European stocks were firmly in the green at midday on Monday, unfazed by Joe Biden's exit from the race to be re-elected as US President, with Friday's tech-led wobble set aside. Read More