Hammerson plc (LSE:HMSO) has announced the appointment of Michelle McGrath as an Independent Non-Executive Director, effective from 9 March 2026, strengthening the board’s depth of experience across property and capital markets. McGrath previously served as an Executive Director at Shaftesbury Capital and earlier held responsibility for the property portfolio at Capital & Counties Properties, bringing extensive expertise in investment, asset management, leasing, marketing, and corporate finance within the UK listed real estate sector.
On appointment, McGrath will join Hammerson’s Remuneration Committee and Nomination & Governance Committee. At the same time, existing board member Robert Noel will step down from the Remuneration Committee, representing a focused refresh of the company’s committee structure and governance framework.
From a market perspective, Hammerson’s outlook is supported by positive technical indicators and the strategic significance of recent corporate developments, which have helped underpin investor confidence. These factors are tempered by ongoing financial challenges, particularly around profitability and cash generation. Valuation signals are mixed, with a relatively high P/E multiple balanced by a solid dividend yield.
More about Hammerson plc R.E.I.T.
Hammerson plc is a UK-listed real estate investment trust focused on owning, operating, and investing in commercial property assets. The group is active across investment, asset management, leasing, and marketing within its portfolio, positioning it as a significant participant in the UK listed real estate market.
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