Hammerson H1 IFRS profit falls to £56 million; EPRA earnings climb 33% to £64 million
Reuters2026/07/30 06:16- Hammerson posted IFRS profit of £56 million for the six months ended June 30, 2026, down 29% year-on-year.
- EPRA earnings climbed 33% to £64 million, lifting EPRA EPS 22% to 12.1p; interim dividend rose 22% to 9.67p.
- Total net rental income jumped 40%, while like-for-like net rental income increased 5%; portfolio value stood at £3.6 billion and EPRA NTA was unchanged at £3.94.
- It agreed to buy 50% of Manchester Arndale for a headline price of £218 million at a topped-up net initial yield of 7.8%, funded by an associated equity placing.
- FY26 EPRA earnings guidance was raised to about £132 million, implying growth of about 27% versus FY25, including £7 million from the Arndale deal.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
EdiliziAcrobatica announces shareholder meeting notice
Storage Giant Offers Huge Bonuses Again: Micron Awards Up to 68 Months’ Bonus
Micron Technology has announced record-breaking bonuses for its employees in Taiwan, ranging from 35 to 68 months’ salary, with a minimum cash compensation of 1.7 million New Taiwan dollars. However, the Taoyuan union, representing about two-thirds of Micron’s workers in Taiwan, has refused to accept the offer, insisting that 15% of operating profits be included in the bonus distribution and maintaining the threat of a strike.
Crypto prices
More
