Retail Property Giant Makes Move Amidst Brexit Chaos
- Hammerson seeks admission to Euronext Dublin
- Retail property management group
- London’s Brent Cross shopping centre
- Operations in continental Europe and the Republic of Ireland
- £1.2bn worth of flagship destinations in France
- £800m worth of properties in Ireland
- Admission expected to become effective on 23 December
- Grégoire Peureux appointed as chief operating officer
Retail property management group Hammerson, which owns London’s Brent Cross shopping centre and manages £1.2bn worth of flagship destinations in France and £800m worth of properties in Ireland, is seeking admission to Euronext Dublin before Britain leaves the EU. The company aims to trade on the main securities market of Euronext Dublin. Hammerson expects the admission to become effective and unconditional dealings in ordinary shares to commence at 8:00 a.m. on December 23rd. This move follows the recent appointment of Grégoire Peureux as chief operating officer, who brings 17 years of real estate industry experience to the group executive committee.
Factuality Level: 8
Factuality Justification: The article provides accurate information about Hammerson’s decision to seek admission to Euronext Dublin and the appointment of Grégoire Peureux as chief operating officer. It also includes relevant details about the company’s operations in Europe and Ireland. However, it lacks personal opinions or sensationalism.
Noise Level: 6
Noise Justification: The article provides relevant information about Hammerson’s decision to seek admission to Euronext Dublin and the appointment of Grégoire Peureux as chief operating officer. However, it lacks in-depth analysis or exploration of the consequences of this decision on the company and its operations. It also does not offer any actionable insights or new knowledge for readers.
Financial Relevance: Yes
Financial Markets Impacted: Hammerson’s secondary listing on Euronext Dublin may impact its share price and investor base
Financial Rating Justification: The article discusses Hammerson, a retail property management group with significant operations in Europe, seeking a secondary listing on Euronext Dublin before Brexit. This decision could affect the company’s financial performance and investor relations.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of any extreme event in the text.
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