Hammerson Share News (HMSO)

LONDON BROKER RATINGS: Exane BNP cuts HSBC; Peel Hunt raises Hammerson

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

IN BRIEF: Lighthouse Properties cuts Hammerson interest further

Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Sells 98.6 million shares in Hammerson PLC for ZAR651.1 million. Late in November and early December, Lighthouse disposed of about 243.6 million shares in Hammerson for around ZAR1.60 billion. As at December 15, Lighthouse directly owned 846.6 million shares, or 17%, in Hammerson. Hammerson is a London-based property development and investment company. Lighthouse says its sale of Hammerson shares will allow it to pursue yield-accretive direct property acquisitions.

LONDON BROKER RATINGS: Goldman lifts Landsec and British Land

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

IN BRIEF: Lighthouse Properties sells further Hammerson stock

Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Sells a further 145.5 million shares in Hammerson PLC for ZAR936.3 million. On Thursday last week, Lighthouse said it disposed of 98.1 million shares in Hammerson for ZAR616.1 million. As at November 18, Lighthouse directly owned 352.2 million shares, or 7.1%, in Hammerson. Hammerson is a London-based property development and investment company. Lighthouse says its sale of Hammerson shares will allow it to pursue yield-accretive direct property acquisitions.

IN BRIEF: Lighthouse Properties trims stake in Hammerson

Lighthouse Properties PLC - Mauritius-based property investor previously named Lighthouse Capital Ltd - Sells 98.1 million shares in Hammerson PLC for ZAR616.1 million. As at November 15, Lighthouse directly owned 363.6 million shares, or 7.3%, in Hammerson. Hammerson is a London-based property development and investment company. Lighthouse says its sale of Hammerson shares will allow it to pursue yield-accretive direct property acquisitions.

LONDON BROKER RATINGS: JPMorgan cuts Diageo to neutral from overweight

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

LONDON BROKER RATINGS: JPMorgan raises Croda; Berenberg cuts Atalaya

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Morgan Stanley sees 'compelling' opportunity with UK property stocks

(Sharecast News) - UK real estate investment trusts (REITs) offer a "compelling" investment opportunity, according to analyst at Morgan Stanley, who said that the sector could soon see a recovery as challenging macro conditions slowly begin to ease.

UK dividends calendar - next 7 days

IN BRIEF: Hammerson completes bond tap issuance and tender offer

Hammerson PLC - London-based property development and investment company - Says it has completed GBP100 million bond tap issuance. This is after Hammerson announced on Thursday last week the issuance of a GBP100 million increase of its existing GBP200 million 7.25% coupon bonds maturing in 2028, resulting in a new outstanding notional of GBP300 million.

IN BRIEF: Hammerson gets GBP185 million in offers from bond tender

Hammerson PLC - London-based property development and investment company - Announces indicative results of invitations on August 31 to holders of outstanding bonds, to tender them for cash purchases. Tender offers include GBP350.0 million at 3.500% due 2025, and GBP300.0 million at 6.00% due 2026. Company received tenders of GBP96.1 million total for the 2025 bonds and GBP88.4 million for the 2026 bonds by the deadline on Thursday. Hammerson expects acceptances of GBP11.7 million of the 2025 bonds at 7.1% scaling factor, and of all GBP88.4 million of the 2026 bonds.

LONDON MARKET CLOSE: Stocks wilt after early promise with US closed

(Alliance News) - Stock prices in London faded into the close Monday after a bright start, as enthusiasm waned in the absence of fresh direction from New York.

Morgan Stanley upgrades Hammerson, downgrades Landsec

(Sharecast News) - Morgan Stanley lifted its rating on Hammerson on Monday but downgraded Landsec as it took a look at property stocks.

LONDON BROKER RATINGS: Morgan Stanley cuts Landsec, raises Hammerson

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

IN BRIEF: Hammerson issues GBP100 million bond; launches tender offers

Hammerson PLC - London-based property development and investment company - Issues GBP100 million bonds as part of existing GBP200 million bonds maturing 2028 due to demand for its fixed securities. This issue will result in an outstanding notional of GBB300 million. Says the new bonds will be placed with an existing large institutional investor. Separately, also launches tender offers for GBP350 million 3.5% bonds due 2025, and GBP300 million 6% bonds due 2026.