FTSE 100-listed retail property developer Hammerson has announced a tender offer as part of its policy to manage its balance sheet liabilities and optimise its debt structure by utilising its substantial liquidity to manage near term debt maturities and achieve a lower running cost of debt.
[Thu 10:05]FTSE 100 retail property developer Hammerson yesterday delivered a mixed trading update. However, the company does seem to have a good long-term strategy in place, of exiting the London office market in favour of local retail space, which - it must be said - goes against current received wisdom. To that one must add the strong pipeline of assets coming along. In fact, the company is forecasting earnings growth of 25% over the next three years. Nevertheless, the fact that it i
[10 May '13]FTSE 100-listed retail property developer Hammerson has unveiled positive results for 2013, supported by high rates of occupancy and multiple acquisition projects.
[9 May '13]Alkane Energy: Liberum Capital initiates with a target price of 44p and a buy recommendation.
[9 May '13]Hammerson, the FTSE 100 retail property developer, has purchased an additional 16.7 per cent stake in Bullring, meaning its now own exactly half of the Birmingham shopping centre.
[3 May '13]Vedanta made strong gains on Wednesday, as investors welcomed the decision by India to grant the company an appeal over the closure of its copper smelter in Tuticorin, Tamil Nadu.
[3 Apr '13]Sharp falls in the mining sector and a number of heavyweight stocks going ex-dividend ensured that London markets were firmly in negative territory on Wednesday morning, with investors scaling back risk ahead of some key events later this week.
[3 Apr '13]Markets shrugged off some strong economic data from China on Wednesday morning to trade firmly in the red with traders nervous ahead of central bank meetings tomorrow and US employment data on Friday.
[3 Apr '13]