1Q Results Show Strong Office and Recovering Retail
Swire Property has reported first-quarter 2017 operating results. In Hong Kong, the office portfolio continued to perform well, in line with our...
146 Views
Last Week, in Event SPACE (15 May 2017)
In this note, Obayashi Road Corp (1896 JP) received an underwhelming offer; Television Broadcasts Ltd (511 HK) obtains the necessary buyout waiver...
218 Views
The Market Sentimentalist: Global Real Estate – Where Are The Risks Residing?
Summary: Housing has several characteristics that mean it is almost perfectly designed to be prone to bubble-like behaviour. By definition a bubble...
3.2k Views
Swire Properties' Full-Year Results a Miss, but Future Growth Intact
Swire Properties reported full-year core earnings of HKD 7.1 billion, up 1% year on year, but 7% below our estimate. The shortfall was due to a...
156 Views
Wheelock – Evaluating Wharf's Proposed IP In-Specie
Wharf Holdings Ltd (4 HK) closed up 8.67% on Friday in response to comments from management at the FY16 results briefing as to a possible spin-off...
507 Views