Cork s Kildare Village project dealt planning blow
A €100 million Cork Tourist Outlet Village is proposed for the Carrigtwohill area.
Thu, 24 Dec, 2020 - 14:30
Greg Murphy with additional reporting from Eoin English
Efforts to develop a Kildare Village-style outlet on the outskirts of Cork City have been dealt a blow after the Minister for Housing Local Government and Heritage intervened in a planning row.
Peter Burke has directed that a variation to the 2014 Cork county development plan be deleted, saying it was inconsistent with the guidelines published in 2012.
Cork county councillors voted in favour of a controversial variation to the plan to facilitate such a project and triggering intervention by the Office of the Planning Regulator (OPR).
All I Want For Christmas: What well-known Kildare faces want to find under the tree
Festive wishlists for 2020 );
JOHN FORDE, aka The Piano Man, is a musician and performer from Naas
What local gift would you like to find under the tree this year?
A gift voucher for Butt Mullins or Vie De Chateaux would be nice, followed by a few creamy pints in Tommy Fletchers!
Where will you be shopping locally this Christmas?
I just love the Main Street in Naas and it’s back to its best with Dunnes Stores and many new shops. The atmosphere is great with the lights, the Christmas tree at the town hall, and all the local shops and staff. You’ll always bump into someone you know.
Hammerson lists on Euronext Dublin today
Updated / Wednesday, 23 Dec 2020
08:59
Hammerson s Irish assets include Dundrum Town Centre shopping centre
Hammerson, the owner of the Dundrum Town Centre and the Ilac Centre in Dublin city centre, has started its dual listing on Euronext Dublin today.
Hammerson was listed through the admission to trading of 4,057,298,174 shares on Euronext Dublin.
The company said the reference price of the shares was £0.2375 per share, based on the closing price of its shares listed on the main market of the London Stock Exchange.
Already listed on the London Stock Exchange, by June 2020 Hammerson s portfolio had a value of £7.7 billion which includes 21 flagship destinations in busy cities and investments in premium outlet villages through its partnership with Value Retail.
Hammerson Plc Lists On Euronext Dublin Date
Market capitalisation of £963.6 million
Hammerson plc completes secondary listing on Euronext, underlining the importance and scale of its European operations and investor base
Hammerson joins the Euronext real estate franchise of 115 issuers with a combined market capitalisation of over €94 billion as of 23 December 2020
Euronext today congratulates Hammerson, a UK-based real estate investment trust, on its dual listing on Euronext’s regulated market in Dublin (ticker code: HMSO).
Already listed on the London Stock Exchange, Hammerson completed its dual listing on Euronext Dublin today. The Company owns and manages flagship destinations valued as at 30 June 2020 at £1.2bn in France and £0.8bn in Ireland in addition to significant City Quarters development opportunities in Dublin. Alongside its directly managed portfolio, Hammerson also has exposure to Value Retail premium outlet destinations outside of the UK
The decision comes as the UK’s exit from the European Union looms.
Hammerson will trade on the main market for listed securities here.
The company, who co-owns Dundrum Town Centre, said it was seeking a secondary listing “given the importance and scale of its investor base and operations in continental Europe and the Republic of Ireland.”
Hammerson owns and manages “flagship” destinations valued as at June 30 at £1.2bn (€1.3bn) in France and £800m (€997m) in Ireland. This is in addition to city centre “development opportunities” in Dublin, according to a statement from the group.
Alongside its directly managed portfolio, Hammerson said it also has exposure to value retail destinations outside of the UK including La Valleé in Paris and La Roca in Barcelona.