智通财经APP获悉，交银国际发布研究报告称，首次覆盖置富产业信托(00778)，给予“买入”评级。根据股息贴现模型(DDM)得出的公允价值，加上30%的流动性折让，得出目标价5.86港元。
按市值计算，置富产业信托目前是香港联交所上市的第三大房地产投资信托基金。截至2024上半年，置富产业信托拥有约300万平方呎的以香港为重点的零售投资组合，超过72%租户属于日常必需品行业。
该行认为，集团具有多重投资优势和股价驱动因素，包括稳定的盈利前景、低估值、进一步减息以及潜在纳入沪深港通都有利于REITs的估值。集团的租金收入前景可以保持基本稳定。目前的估值仍远低于其长期平均水平，并已反映香港零售市场的大部分忧虑。虽然高利率仍将对2024年盈利产生负面影响，但预计每单位派息将在持续减息的情况下从2025年开始恢复增长。
新闻来源 (不包括新闻图片): 智通财经Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.