Hammerson : Analyst and Investor Property Tour of The Oracle
HMSO.L
HAMMERSON INVESTOR TOUR
An asset tour of Reading and The Oracle
2nd DECEMBER 2024
ANNUAL DUCK RACE, THE ORACLE RIVERSIDE
Itinerary
MONDAY 2ND DECEMBER
12:45
MEET IN READING BY THE TRAIN STATION
Introductions by Rita-Rose Gagné, CEO
13:00 GUIDED WALKTHROUGH READING TOWN CENTRE
13:45 CEO OVERVIEW
14:00 THE ORACLE ASSET VISION & TOUR HIGHLIGHTS
14.45 THE ORACLE GUIDED ASSET TOUR
16:00 FINISH / INFORMAL DRINKS
Andy Briggs (JLL)
Rita-Rose Gagné
Grégoire Peureux,
Paul O'Brien
Paul O'Brien
THE ORACLE INVESTOR TOUR DECEMBER 2024
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Your Hammerson hosts for the day
Rita-Rose Gagné
CHIEF EXECUTIVE
OFFICER
Richard Shaw
DEPUTY CHIEF
FINANCIAL OFFICER
Anna Boreham
FINANCIAL
PLANNING AND
ANALYSIS AND
INVESTOR RELATIONS
MANAGER
Himanshu Raja
CHIEF FINANCIAL
OFFICER
Paul O'Brien
DIRECTOR OF
LEASING &
COMMERCIALISATION
Alex Evered
GROUP HEAD OF
INSIGHTS
Grégoire Peureux
CHIEF OPERATING
OFFICER
Josh Warren
DIRECTOR OF
STRATEGY,
COMMERCIAL
FINANCE AND
INVESTOR RELATIONS
Andy Briggs
DESTINATION
DIRECTOR, THE
ORACLE
THE ORACLE INVESTOR TOUR DECEMBER 2024
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READING TOWN CENTRE TOUR
Led by Andy Briggs, JLL
THE ORACLE, READING
Introduction to Reading
STATION HILL 1,300 homes 95k sq.ft. retail 625 sq.ft. offices
c.2 acres public realm
EBB & FLOW
c.600 homes part of
Station Hill
development opened
summer 2024
BROAD STREET MALL Planned redevelopment of mall for c.600 residential units
STATION HILL
READING TRAIN
STATION
EBB & FLOW
MARKET SQUARE
BROAD STREET
THE ORACLE BROAD
STREET ENTRANCE
MALL
THE
ORACLE
Source: Google Earth - July 2022
Reading town tour walking route
MARKET
SQUARE
163 bed hotel
35k sq.ft. retail
THE ORACLE
BROAD STREET
ENTRANCE
THE ORACLE INVESTOR TOUR DECEMBER 2024
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Reading is a high-growth, affluent town with excellent transport links to central London
CURRENT CATCHMENT(1)
M4
M4
M25
PADDINGTON
M25
1.1M
TOTAL CATCHMENT(1)
312K
CORE CATCHMENT(1)
25 MIN
TRAIN TO LONDON PADDINGTON
25 MIN
DRIVE TO HEATHROW
20M P.A.
PASSENGERS THROUGH READING
STATION(2)
23,000+
student population at University of
Reading(3)
33%
customers from most affluent
ACORN categories vs. a national
average of 15%(1)
3.
University of Reading
THE ORACLE INVESTOR TOUR DECEMBER 2024
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Lincoln MGT's Station Hill development improves desirability and connectivity
STATION HILL SCHEME HIGHLIGHTS
Collaborative work space
625,000 SQ FT
Retail, Leisure and F&B
95,000 SQ FT
Hotel
200 BEDS
Homes
1,300 RESIDENTIAL UNITS
Curated public space
2 ACRES
Car parking
850 SPACES
ESG in-built:
OCCUPIERS:
THE ORACLE INVESTOR TOUR DECEMBER 2024
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CEO OVERVIEW
Rita-Rose Gagné
SIDEMEN LAUNCH, BULLRING
We own and operate prime city centre destinations in some of Europe's fastest growing cities
HAMMERSON'S GEOGRAPHIC FOOTPRINT
HAMMERSON'S REPOSITIONED PORTFOLIO
A-
Swords Pavilions & land
B+
Ilac & Dublin Central
Leeds Eastgate
Dundrum Town Centre &
A++
Phase II
Birmingham Estate
A++
A-
Bristol Estate
Brent Cross Estate(1)
A+
B+
Reading Estate
The Goodsyard
Hammerson's portfolio (FY23)
A-
Cergy, Les 3 Fontaines
50% owned standalone land
100% owned standalone land
100% owned core estate
Core estate in JV
Marseille, Les Terrasses du Port
A+
Recently improved Green Street rating
Green Street rating
What we look for in an urban location:
>500k within
Job growth
Dominant
High
connectivity,
15 min travel
exceeding
estates with
ties with
>40% under
national
potential for
community &
35years old
averages
growth
local authorities
£208m
GRI
c.1,500
Occupiers
UK (6)
£884m
GAV
Yield 7-9%
AUM £1.5bn
10m
sq. ft
Lettable space
£3.6bn
in retail sales(4)
France(6)
£1.0bn
GAV
Yield c.5%
AUM £1.0bn
96%
Occupied(3)
c.180m
visitors per
annum(5)
Ireland (6)
£630m
GAV
Yield c.6%
AUM £1.3bn
1.
c.41% owned/control
6.
Flagship at FY23, UK pro forma for disposal of Union Square and acquisition of
2.
Source: Green Street, June 2024, at 100%
50% of Westquay. Yield reflects NEY
3.
Flagships, excluding Cergy still in lease up; 95% including Cergy
THE ORACLE INVESTOR TOUR DECEMBER 2024
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We have delivered value at Dundrum and Bullring
DUNDRUM, DUBLIN
BULLRING, BIRMINGHAM
ASSET MANAGEMENT INITATIVES AND STRONG LEASING (1) €31m total investment, generating:
ASSET MANAGEMENT INITATIVES AND STRONG LEASING (1) £26m total investment, generating:
New offers and concepts:
New offers and concepts:
WITH MORE TO COME
DRIVING GREEN STREET RATING UPGRADES:
A+A++
1 All figures at 100% unless otherwise stated
MARCH 2024
WITH MORE TO COME
DRIVING GREEN STREET RATING UPGRADES:
A+A++
JULY 2024
THE ORACLE INVESTOR TOUR DECEMBER 2024
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Disclaimer
Hammerson plc published this content on December 02, 2024, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on December 02, 2024 at 15:04:03.872.