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"2012 was a transformational year for Hammerson, the company completely restructured its property portfolio, selling off its office space and focusing on high-quality retail assets, such as shopping centres, retail parks and designer outlets. [sic]
"Unfortunately, this worries me, as now the company has no diversification within its property portfolio, leaving Hammerson exposed to the fragile retail environment, both within the U.K. and France - where the company also has some retail premises.
"... Hammerson still offers a lower than average dividend yield, and the company remains exposed to the fragile retail environment, so overall, I believe now does not look to be a good time to buy Hammerson at 512 pence."
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