Hammerson PLC JSE: HMN

Hammerson shares

Background of Hammerson PLC

  • Hammerson PLC is an owner, manager and developer of retail destinations in Europe. Hammerson’s share portfolio includes investments in23 prime shopping centres in the UK, Ireland and France, 18 convenient retail parks in the UK and 19 premium outlets across Europe.

    Key facts (as at 31 December 2016):

    23 Major shopping centres

    18 Convenient Retail Parks

    19 Premium Outlets (via value retail partnership and via outlets fund)

     Portfolio value £10BN

     Passing rent £392.5M

     Occupancy 97.5%

     LTV 41%

     Weighted average cost of debt 3.1%

  • Hammerson is listed on the Johannesburg Stock Exchange (JSE). The Financial Surveillance Department of the South African Reserve Bank approved the secondary listing. This listing has been classified in the Secondary Listing as “domestic” for exchange control purposes. The Hammerson listing took place on Thursday, 1 September 2016. Hammerson published a full pre-listing announcement on the Stock Exchange News Service of the JSE.

  • Hammerson believes that pursuing the secondary listing improves the depth and spread of the shareholder base of the Company, thereby improving liquidity and tradability of its shares and ensuring the Company is accessing a wider pool of international capital.

  • The secondary listing provides South African investors, both institutional and private, with an opportunity to participate in the future income and capital performance of the company’ s stock, through share dividends.

Hammerson PLC Shares Growth Driver

  • Hammerson PLC s talented people apply insight and market expertise to create and operate destinations, which offer exceptional experiences to attract retailers and people looking to buy. Hammerson’s Product Experience Framework purposefully guides our asset and development management to consistently enhance our destinations and realise their income potential.

  • A singular retail focus, strong and efficient capital structure and operational excellence enables Hammerson to attract valuable partners. These include global capital providers, international joint venture partners and expert operating
    collaborators who help it broaden its market reach, increase scale and strengthen its business.

    These factors also drive Hammerson’ s growth:

     High-quality property.

     High-quality property in prime locations across selected European retail markets. This along with talented, skilful and motivated people and teams united around a clear set of values drive growth.

     Retail insight

     Deep retail knowledge captured through long-standing commercial relationships, data insight and consumer research financial capital.

     Dependable access to, and continued trust of, global capital providers and international joint venture partners

     Focus on growing consumer markets Investment management

     Employing market expertise to recycle the group’ s portfolio, taking advantage of acquisition opportunities in growing consumer markets.

     Enhance the quality of the group’ s portfolio and future returns and disposing of assets at the right time.

     Create differentiated destinations

     Developing venues

     The group has a proven track record in creating sustainable retail and leisure destinations which anticipate future consumer needs and ensure that retailers will thrive for years to come.

     Asset management

     Skilfully manage our portfolio in a sustainable way to generate income growth and to attract tenants and shoppers.

     Promote financial efficiency and partnerships

     Financing and capital providers

     Manage and control costs, both operational and financial, and optimise the capital base to support the delivery of our strategy.

     Making use of relationships to source capital, to access growth markets, to create a larger operated platform, as well as generate asset management income

     Iconic destinations

     Creating outstanding architecture to enhance locations.

     Placing its centres at the heart of local communities, connected by seamless technology and transportation links.

     Best at retail

     Deliver the optimal retail mix, consistently refreshed and showcasing new concepts.

     Convenient & easy

     Make shopping simple and stress-free, with enhanced customer facilities and services such as click & collect, encouraging regular shopper visits.
     Outstanding customer service and leading digital infrastructure drive engagement and loyalty, and encourage shoppers to spend longer at its destinations.

     Entertaining & exciting

     Constantly evaluating and refreshing its food and leisure offers, and providing a local and national calendar of events to surprise and delight customers, and keep them coming back.

     Positive places

     Create destinations that deliver positive impacts economically, socially and environmentally

  • 2016 was an eventful and successful year, particularly set against the backdrop of some significant geopolitical events. Hammerson set itself some stretching targets right across its business and the whole company and worked hard to ensure success. Hammerson increased its presence in prime shopping destinations, cementing its leadership with purchases in new centres in Birmingham, Leeds, Southampton and Dublin. In the latter, it converted its Dundrum centre from loans to direct ownership.

  • Hammerson extended its strategic exposure to the fast-growing premium outlets sector. It enhanced the experience for its shoppers, bringing flagship retailers such as Apple to Les Terrasses du Port, Marseille, and delivered the UK’ s largest dedicated dining and leisure-led scheme, enhancing its existing Westquay shopping centre in Southampton

Hammerson PLC Group Investor Tip

  • Hammerson’ s share price online delivered a consistently strong financial performance for shareholders. Adjusted earnings per share grew 8.6% and increased the dividend per share by 7.6%. Hammerson has grown the dividend at an average rate of 7.7% over the last five years and it remains confident of delivering this consistent record of accomplishment because of its resilient business model. Hammerson’ s total property return of 5.7% yet again beat the IPD benchmark, which had a positive effect on Hammerson’ s share price trade.

  • Hammerson’ s focus was on growing consumer markets, that is, those retail markets that will deliver good rental growth because they match how consumers shop in a multichannel world, and where the group can increase its market share.

  • Hammerson’ s geographical focus is on catchments and cities in Europe with strong economic performance and its approach is ‘ bottom-up’ , on an asset-by-asset basis. Hammerson does not target specific countries. It focuses on prime shopping centres because the group believes, in a polarising retail property market, high quality, integrated and urban destinations. The group’ s compelling shopping centre portfolio is well positioned, even today to benefit from this polarisation, with centres in large European cities, including Birmingham, Dublin, London, Leeds, Marseille and Paris. And is a good history to back future performance.

  • During 2016, the property portfolio produced a total return of 5.7% on Hammerson’ s shares, which was 230bp ahead of the group’ s estimated IPD forecast. This was driven by strong performances from UK shopping centres and premium outlets.

Hammerson PLC Major Shareholders

  • Sector

    Real Estate

  • Industry

    Real Estate

How to buy Hammerson PLC Group Holdings Shares

  • Hammerson PLC Holdings : How to buy Hammerson PLC Holdings Shares Online

    We have made it simple to buy JSE listed firm shares online. The easiest way to buy Hammerson PLC shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in Hammerson PLC and assist you with the setup and management of your stock portfolio account.

  • Here are the steps you must follow to Buy / Purchase Hammerson PLC Holdings shares with utmost confidence:

    1. Start by Filling in the BUY THIS SHARE form.
    2. Insert your name, email, telephone number and monthly remuneration.
    3. Then, Indicate the amount you are looking to invest in Hammerson PLC.
    4. Click the “ INVEST NOW” button
    5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
    6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)
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