Hammerson: Shopping centre giant hit with £500m loss after selling stake in Bicester Village RETAIL British shopping centre giant Hammerson has taken a £500m loss on the £1.5bn deal to sell its share in the company behind Bicester Village, according to just-filed documents.
Hammerson shares jump after firm sells £1.5bn stake in Bicester Village RETAIL British shopping centre giant Hammerson has sold its interest in the company behind Bicester Village in a deal worth £1.5bn, according to a statement released today.
Brent Cross owner Hammerson’s turnaround continues with record leasings Property British shopping centre giant Hammerson reported a record year of leasing completing 306 deals.
Hammerson in talks to sell £1bn stake in owner of Bicester Village November 13, 2023 British shopping centre giant Hammerson is reportedly in advanced talks to sell its £1bn stake in Value Retail, owner of Bicester Village, the luxury retail complex.
Hammerson: Paris and Croydon disposals leave £1.2m dent but revenues rise July 27, 2023 Hammerson reported a loss of £1.2m after the disposal of its stakes in Croydon and Paris shopping centre developments, while its revenue rose eight per cent. The property developer’s loss in its half-year results this morning was made against a £50.3m profit compared to last year. This comes after the shopping centre giant sold its [...]
Shopping centre owner Hammerson sees profits surge as footfall recovers pre-Covid levels July 28, 2022 Property developer Hammerson today said its adjusted earnings had more than doubled on last year, as higher rents as a result of the UK and Europe’s economic from Covid bolstered the shopping centre owner’s business. The London headquartered property investor said its adjusted earnings had increased 154 per cent year on year, after its like-for-like [...]
Cineworld, ASOS and Boohoo: The 10 most shorted LSE stocks and the City fund managers that go after them May 25, 2022 Cineworld Group, the world’s second-largest cinema chain, is currently the most shorted UK listed company, according to the most up-to-date London Stock Exchange data. Some 8.2 per cent of its stock was held short by five investment firms, with New Holland Capital LLC holding the largest short position with 2.4 per cent of the company’s [...]
Cineworld, Hammerson and Boohoo: The top 10 most shorted UK stocks and fund managers with the most positions January 29, 2022 Cineworld Group, the world’s second-largest cinema chain, is currently the most shorted UK listed company, according to new research shared exclusively with City A.M. this morning. Some 8.8 per cent of its stock was held short by six investment firms, with New Holland Capital the largest short position with 2.42 per cent of the company’s [...]
Hammerson reveals it hopes to pocket more than £140m from sale of Silverburn shopping centre November 29, 2021 Retail property giant Hammerson is in talks over the sale of the Silverburn shopping centre near Glasgow for around £140m. Shares in the company moved higher on Monday after it confirmed talks over the disposal of the site, which is a 50-50 joint venture Hammerson holds with the Canada Pension Plan Investment Board (CPPIB). Silverburn, [...]
Bullring owner Hammerson sees fall in value of managed portfolio but profits rise despite pandemic impact August 5, 2021 Hammerson have released mixed half-year results as the property giant saw its profits rise amidst a fall in its managed property value. The London-based firm saw an eight per cent fall in its net rental income year-on-year brought on by the pandemic and a significant impact on trading for much of the year up to [...]