IN BRIEF: Hammerson redeploys Dublin assets to Ilac shopping centre
Hammerson PLC - London-based real estate investment trust focused on city-centre shopping centres - Sells "non-core assets" for GBP69 million, including multiple holdings in central Dublin. Together with a disposal in Leeds in January, Hammerson says the new sales take total non-core divestment so far in 2026 to GBP75 million, which it says is at a premium to book value. The central Dublin holdings are sold to Transport Infrastructure Ireland for use for the Irish capital's planned Metrolink train system, Hammerson says. The proceeds will be recycled into existing assets and new opportunities, the company says, noting it recently completed the acquisition of the remaining 50% interest in the Ilac Centre, a shopping centre in central Dublin.
Stock price in Johannesburg: ZAR80.53
12-month change: up 13%
Stock price in London: 371.60 pence
12-month change: up 26%
By Artwell Dlamini, Alliance News senior reporter South Africa
Comments and questions to newsroom@alliancenews.com
Copyright 2026 Alliance News Ltd. All Rights Reserved.
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
More In Markets
What’s Next for European Markets? The Sectors and Stocks to Watch
Chip Selloff Deepens As Investors Rotate Away From Tech Stocks
