Hammerson Share News (HMSO)

Barclays double upgrades Hammerson to 'overweight'

(Sharecast News) - Barclays upgraded Hammerson on Friday to 'overweight' from 'underweight' and lifted the price target to 30p from 25p.

LONDON BROKER RATINGS: Stifel thinks B&M shares offer value

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

LONDON BRIEFING: Network International agrees to GBP2.2 billion buyout

(Alliance News) - Stocks in London were called to open higher on Friday, after a weak US jobless claims reading threw "cold water" over expectations for an interest rate hike by the Federal Reserve next week.

Lighthouse fails to install two appointees on Hammerson board at AGM

(Alliance News) - Hammerson PLC on Thursday faced shareholder dissent at a heated general meeting that saw a major holder fail to put its representatives on the board.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Hammerson quarterly rental income rises on "robust" leasing

Hammerson PLC - London-based property development and investment company - For the three months ended on March 31, says like-for-like gross rental income growth is up 5%, reflecting "robust leasing, car parking and commercialisation performance". Like-for-like net rental income growth is also up 5%. Says it benefits from solid collections, which stand at 92%. For financial 2022, it stood at 96%. Hammerson notes 61 leases have been signed to date, representing GBP9 million of rent. Says value retail has seen a strong start to the year, with spend per visit up 3%.

Strong footfall boosts sales, income for Hammerson in Q1

(Sharecast News) - Shopping centre owner Hammerson on Tuesday reported a 5% rise in first-quarter rental income on higher footfall.

PRESS: Two investors back Hammerson amid proxy battle

(Alliance News) - Two shareholders have come out in support of Hammerson PLC, Sky News reported on Friday.

Major investors back Hammerson in row with Lighthouse

(Sharecast News) - Two major investors have come out in support of shopping centre owner Hammerson amid demands from its biggest shareholder to speed up asset sales and resume dividend payments.

UPDATE: Hammerson says Lighthouse demands are "value destructive"

(Alliance News) - Hammerson PLC on Tuesday backed its leadership and hit out at shareholder Lighthouse Properties PLC, who called for a strategy change.

PRESS: Hammerson shareholder demanding strategy change ahead of AGM

(Alliance News) - Hammerson PLC faces pressure from one of its major shareholders to change strategy, Sky News reported on Tuesday.

Hammerson shareholder pushing for strategy change - report

(Sharecast News) - Shopping centre owner Hammerson is reportedly facing demands from its biggest shareholder to accelerate asset sales and resume dividend payments ahead of its annual meeting next month.

IN BRIEF: Hammerson finishes disposal of Italie Deux and Italik

Hammerson PLC - London-based property development and investment company - Completes selling 25% stake in Italie Deux, shopping centre in central Paris, and 100% of Italik extension for EUR164 million to Ingka Centres via a simultaneous exchange and completion. Says the exit marks the continued progress in the simplification of its portfolio. The proceeds will further strengthen the balance sheet and reduce net debt.

Hammerson offloads Paris shopping centre interests for €164m

(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.

LONDON BROKER RATINGS: Citi, Exane BNP and Goldman all raise M&S

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