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Hansteen Holdings PLC (HSTN.L)

HSTN.L on London Stock Exchange

91.30GBp
18 Apr 2019
Change (% chg)

-1.40 (-1.51%)
Prev Close
92.70
Open
93.50
Day's High
93.50
Day's Low
90.50
Volume
981,985
Avg. Vol
802,733
52-wk High
133.80
52-wk Low
85.60

Latest Key Developments (Source: Significant Developments)

Hansteen Holdings Reports FY Like-For-Like Property Valuation Up 6.5 Pct
Monday, 25 Mar 2019 

March 25 (Reuters) - Hansteen Holdings PLC ::FY EPRA NAV PER SHARE OF 102.7P AFTER RETURN OF CAPITAL OF 35P DURING 2018.FY LIKE-FOR-LIKE PROPERTY VALUATION INCREASE OF £39.6 MILLION OR 6.5%.  Full Article

Hansteen Completes Sale Of 22 Properties For £67.9 Mln
Monday, 24 Dec 2018 

Dec 24 (Reuters) - Hansteen Holdings PLC ::EXCHANGED CONTRACTS AND COMPLETED SALE OF 22 PROPERTIES FOR A CASH CONSIDERATION OF £67.9 MILLION TO A WHOLLY OWNED SUBSIDIARY OF STENPROP.  Full Article

Hansteen Says Discussions Regarding Portfolio Disposal Are Terminated
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Hansteen Holdings PLC ::ANNOUNCES PARTIES ARE UNABLE TO AGREE TERMS AND CONSEQUENTLY DISCUSSIONS HAVE BEEN TERMINATED..  Full Article

Warehouse REIT Terminates Deal Talks With Hansteen
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Warehouse REIT PLC ::TERMINATION OF ACQUISITION DISCUSSIONS.CO, HANSTEEN HAVE BEEN UNABLE TO AGREE TERMS ABOUT POTENTIAL ACQUISITION OF PORTFOLIO OF INDUSTRIAL PROPERTY ASSETS.DISCUSSIONS WITH HANSTEEN HOLDINGS HAVE BEEN TERMINATED.  Full Article

Hansteen Says FY ‍IFRS Profit Increased By 86.6 Pct
Tuesday, 20 Mar 2018 

March 20 (Reuters) - Hansteen Holdings Plc ::FY ‍IFRS PROFIT INCREASED BY 86.6% TO £204.3 MILLION​.FY ‍NORMALISED INCOME PROFIT OF £51.9 MILLION​.‍FY IFRS NAV PER SHARE OF 135.1P​.‍FY NET DEBT TO PROPERTY VALUE RATIO OF 27.6%​.‍FULL YEAR DIVIDEND OF 6.1P PER SHARE​.FULL YEAR DIVIDEND OF 6.1P PER SHARE VERSUS IN 2016 5.9P PER SHARE)‍​.NOTWITHSTANDING REAL CHALLENGES SURROUNDING EU EXIT PROCESS, NOT SEEN ANY NEGATIVE EFFECT ON TENANTS' TAKE UP OF SPACE‍​.  Full Article

Warehouse Reit buys four industrial estates for 26 mln stg​
Monday, 25 Sep 2017 

Sept 25 (Reuters) - Warehouse Reit Plc :Warehouse reit plc - ‍acquisition of four industrial estates for £26m​.Acquisition of four industrial estates for £26m.Warehouse reit exchanges on £26m pipeline acquisitions.Warehouse - ‍contracts exchanged with hansteen holdings to buy assets for consideration of £26.25 million plus costs, reflecting net initial yield of 7.5%​.  Full Article

Hansteen says HY ‍IFRS pre-tax profit increased by 185.6 pct​
Wednesday, 23 Aug 2017 

Aug 23 (Reuters) - Hansteen Holdings Plc :HY ‍IFRS PRE-TAX PROFIT INCREASED BY 185.6% TO £156.5 MILLION (H1 2016: £54.8 MILLION)​.HY ‍EPRA NAV PER SHARE INCREASED BY 2.8% TO 132.5P (31 DECEMBER 2016: 128.9P)​.HY ‍NOVEMBER INTERIM DIVIDEND INCREASED BY 4.5% TO 2.3P PER SHARE (NOVEMBER 2016: 2.2P PER SHARE)​.HY ‍NORMALISED INCOME PROFIT (NIP) INCREASED BY 25.9% TO £38.9 MILLION (H1 2016: £30.9 MILLION)1​.HY ‍PROPOSES TO RETURN UP TO £580 MILLION IN AGGREGATE TO SHAREHOLDERS WHICH IS EQUIVALENT OF 70P PER SHARE​.HY ‍CURRENTLY ANTICIPATES THAT THIS RETURN WILL BE IMPLEMENTED BY END OF 2017​.HY ‍BOARD'S INTENTION IS TO ENSURE THAT £580 MILLION IS TREATED AS A CAPITAL RETURN AND NOT AN INCOME RETURN​.‍THERE IS SCOPE TO INCREASE DIVIDENDS (ON A FULLY COVERED BASIS) FROM HISTORIC LEVELS.‍STRONG OCCUPIER DEMAND HAS RESULTED IN INCREASING RENTS PER LET SQUARE FOOT AND IT LOOKS AS THOUGH THIS TREND WILL CONTINUE​.  Full Article

Hansteen updates on convertible bonds due 2018
Thursday, 29 Jun 2017 

June 29 (Reuters) - Hansteen Holdings Plc ::Further regarding convertible bonds due 2018.Following expiration convertible bond invitations, received 15.9 mln euros in aggregate principal amount of bonds validly offered for sale.Also ‍received 84.1 mln euros in aggregate principal amount of bonds validly offered for conversion pursuant to invitations​.‍Of aggregate principal amount of 100 mln euros of bonds currently outstanding, 100 pct were accepted by offeror for sale​.‍Cash amount payable per 100,000 euros principal amount of bonds offered and accepted for sale is 140,039.50 euros​.‍Jefferies International Limited is acting as sole dealer manager in relation to invitations​.  Full Article

Hansteen makes invitation to holders to offer to sell and/or convert outstanding 100 mln euros convertible bonds
Monday, 26 Jun 2017 

June 26 (Reuters) - Hansteen Holdings Plc ::Invitation to holders to offer to sell and/or convert outstanding 100 mln euros Hansteen 4% guaranteed convertible bonds due 2018​.W‍ith invitations, offeror seeks to adjust its financing structure following completion of sale of German and Dutch portfolios​.‍Cash amount payable per 100,000 euros principal amount of bonds offered and accepted for sale is 140,039.50​ euros.‍Cum of a purchase price of 138,150.00 euros plus an accrued interest payment of 1,889.50 euros per 100,000 euros principal amount of bonds​.‍Invitations are expected to be open until 3.00 p.m. (london time) on 29 June 2017​.Final aggregate principal amount of bonds accepted for purchase and/or converted will be made as soon as reasonably practicable​.  Full Article

Hansteen's sale of German, Dutch portfolios to complete on June 16
Wednesday, 7 Jun 2017 

June 7 (Reuters) - Hansteen Holdings Plc :Hansteen hldgs plc - further re. Forward currency contract.‍Disposal of German and Dutch portfolios for eur 1.28 billion to be completed on 16 June​.Proposed sale of its German and Dutch portfolios ‍is expected to complete on 16 June 2017.Had entered into a forward currency transaction to sell Euro 580 million for GBP 503,053,011 at GBP: EUR 1.15296, with a maturity date of 8 June 2017​.‍Has agreed to roll forward maturity date of its forward currency transaction from 8 June to 20 June at existing rate​.‍intends to distribute a substantial portion of net cash proceeds of transaction to its shareholders​.  Full Article