Hammerson shares rise after first quarter update

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Hammerson shares rose strongly yesterday following the publication of its first quarter update while shares in intu fell back.

Hammerson closed up 1.56% after publishing the update which stated that the company will delay the publication of shareholder documents relating to its bid for intu while “Klépierre’s position remains unclear”. It also stated that estimated EPRA NAV per share rose by 1.8% over the quarter.  

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