美银证券发表报告指,对太古地产以代价最高约5.49亿美元,折合约42.8亿港元,出售美国迈阿密物业Brickell City Centre零售部分全部75%权益、共享设施及停车场部分予Simon Property的交易持正面态度。该行维持对其“买入”评级,目标价21港元。 该行指,交易将使太古地产能够从成熟资产中回收资本,用于新投资或资本回报。出售价格与账面价值相近,显示资金回报率为5.5%至6%,符合该行估值。结合6月早些时候宣布的另一宗迈阿密土地出售,太古地产料共获得超过50亿港元的税前收益。太古地产在披露这项重大交易后未承诺续期其股份回购计划,因此该行将等待8月上半年业绩公布后管理层的评论。
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