FoggyIsle.XYZ | Market's view on Hammerson

Stock watcher has mentioned that while there have been recent bond trades that reflect balance sheet improvements, there is still hesitancy towards investing directly in the common stock of the company, preferring other securities like SPG.
A negative view was expressed about the company’s ongoing performance, suggesting it might continue to struggle.
Dublin City Council has granted planning permissions to Hammerson for a significant regeneration project in Dublin city centre, which includes a mix of residential, retail, and office spaces and accommodations for a future MetroLink station.
A prediction was made about the likely rejection of planning permission for a development project at the Dundrum site by Hammerson, citing restrictions on building heights and other conditions imposed by the local council.
Discussion about the company’s asset valuations, particularly the positive backing given by recent yields on French assets sold.
Mention of possible reinstatement of VAT-free shopping for tourists in the UK and its potential positive impact on Bicester Village.
A financial analysis was shared regarding the company’s market capitalization, asset value, and debt projections.
There is a strategy to manage debt by redeeming certain bonds earlier with proceeds from issuing new bonds, generally viewed as extending the debt term.
The company’s debt situation was highlighted, noting efforts to raise cash to lower net loan-to-value but lacking specific details on debt retirement.
The reinstatement of a cash dividend was noted, along with a focus on improving equity.
There was criticism of big institutional short sellers suppressing the stock price, suggesting the situation might improve with declared dividends.
Concerns were raised over the management team’s approach, particularly in managing the real estate investment trust for creditors, amidst a potential consumer recession impacting rental income.
A brief mention was made of the general property market conditions affecting the cost of newly raised debt versus older debt.
Speculation about the company’s stock price potential based on current market capitalization and portfolio values, with a strong emphasis on the possible reinstatement of dividends.