HMSNF News and Press, Hammerson Plc Ord From 07/28/22

Hammerson press release ( OTCPK:HMSNF ): 1H Non-GAAP EPS of 1.1p. Revenue of £62M (-5.1% Y/Y). For further details see: Hammerson Non-GAAP EPS of 1.1p, revenue of £62M

Hammerson plc (HMSNF) Q4 2021 Earnings Conference Call March 4, 2022 4:00 A.M. ET Company Participants Rita-Rose Gagné - Chief Executive Officer Himanshu Raja - Chief Financial Officer Josh Warren - Director of Strategy and Investor Relations Conference Call Participants Paul May - Barcl...

Hammerson press release (OTCPK:HMSNF): FY Non-GAAP EPS of 1.80p. Revenue of £134.8M (-7.5% Y/Y). For further details see: Hammerson Non-GAAP EPS of 1.80p, revenue of £134.8M

The following slide deck was published by Hammerson plc in conjunction with their 2021 Q4 earnings call. For further details see: Hammerson plc 2021 Q4 - Results - Earnings Call Presentation

Hammerson's collection rates remain worrying but will hopefully improve in the second half. Asset sales help liquidity. I remain cautious but am moving to neutral. For further details see: Hammerson: An Encouraging Focus On Survival

Hammerson's 2020 results were better than expected though expectations were low. Liquidity is strong partly thanks to last year's dilutive rights issue. A return to retail norms could help restore some of its fortunes - but it remains uncertain whether it will materialise at the r...

The move to online retail has clearly caused damage to the one side of British commercial property, retail. This has devastated the specialists like Intu Properties. Those working across both markets have engineered a shift over to office space. But this market is now also coming unde...

Retail property The U.K. - at least - retail property market has taken a harsh hammering from the internet. Some 20% and rising of retail sales now take place online. That does rather mean that we're oversupplied by - ooh, say - about 20% in retail property of the bricks and mortar kind. And...

The Basic Problem Quite simply, technology has changed. Therefore we've too much of the old way of doing things as the market is eaten by the new. We also need to understand what a technology is here. In the economists' sense it's a method of doing things. So, Sam Walton at Walmart was using...

Two weeks after my article on Atrium European Real Estate ( ATRBF ), Gazit Globe ( GZTGF ), already the majority shareholder since 2008, announced it is buying up the remaining 40% stake in the business. The deal, expected to close on January 2nd, 2020, values Atrium at EUR 3.75 per share,...