智通财经APP获悉,瑞银发布研报称,太古地产(01972)受惠于香港写字楼租赁及内地零售业基本面改善,重申其“买入”评级,目标价由18.1港元上调至23港元。
该行预期,近期资本市场复苏将带动写字楼租务查询反弹,而续租租金降幅料将逐步收窄。 虽然公司的股息收益率为6.1%,资产净值(NAV)折让率为57%,但投资者对公司内地零售资产的未来出租率仍持怀疑态度。不过,该行相信市场对公司持续的每股派息增长(每年增约5%)、香港住宅项目的潜在资产轮转,以及香港写字楼租赁市场气氛改善,仍未作出全面的估算。
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