Hammerson (HMSO)

Sector:

Property Investment Trusts

Index:

FTSE 250

27.24p
   
  • Change Today:
      0.26p
  • 52 Week High: 29.78p
  • 52 Week Low: 20.90p
  • Currency: UK Pounds
  • Shares Issued: 4,989.26m
  • Volume: 1,036,381
  • Market Cap: £1,359.07m
  • RiskGrade: 385

Hammerson offloads Paris shopping centre interests for €164m

By Frank Prenesti

Date: Monday 03 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Hammerson said it had sold its 25% stake in Italie Deux, a shopping centre in central Paris, and all of a separate extension for €164m to IKEA owner Ingka Centres.
This sale represents a 4% discount to December 31 book value and a net equivalent yield of 5.0%, Hammerson said, adding that the cash would be used to strengthen its balance sheet and reduce net debt.

Together with the £195m of disposals completed in 2022, the group has generated total proceeds of £360m towards its target of £500m by the end of this year.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hammerson Market Data

Currency UK Pounds
Share Price 27.24p
Change Today 0.26p
% Change 0.96 %
52 Week High 29.78p
52 Week Low 20.90p
Volume 1,036,381
Shares Issued 4,989.26m
Market Cap £1,359.07m
RiskGrade 385

Hammerson Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
38.61% above the market average38.61% above the market average38.61% above the market average38.61% above the market average38.61% above the market average
76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average76.92% above the sector average
Price Trend
34.10% above the market average34.10% above the market average34.10% above the market average34.10% above the market average34.10% above the market average
73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average73.33% above the sector average
Income
73.72% above the market average73.72% above the market average73.72% above the market average73.72% above the market average73.72% above the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average
Growth
25.11% below the market average25.11% below the market average25.11% below the market average25.11% below the market average25.11% below the market average
7.14% above the sector average7.14% above the sector average7.14% above the sector average7.14% above the sector average7.14% above the sector average

What The Brokers Say

Strong Buy 1
Buy 5
Neutral 3
Sell 3
Strong Sell 3
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hammerson Dividends

  Latest Previous
  Final Interim
Ex-Div 04-Apr-24 24-Aug-23
Paid 10-May-24 02-Oct-23
Amount 0.78p 0.72p

Trades for 29-Apr-2024

Time Volume / Share Price
13:51 3,827 @ 27.24p
13:51 6,639 @ 27.24p
13:44 59 @ 27.28p
13:42 2,000 @ 27.27p
13:41 1,000 @ 27.26p

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