瑞银:升恒隆地产(00101)目标价至9.6港元 潜在资产分拆可释放价值

智通财经
Aug 15, 2025

智通财经APP获悉,瑞银发布研报称,潜在将资产分拆为私人REIT或会改变投资者对恒隆地产(00101)的看法。该股的P/B仅为0.29倍,任何资产剥离都将有助其缩小每股资产净值(NAV)折扣;潜在的资产剥离或有助于恒隆减轻负债;恒隆可以通过私人REIT持续产生费用收入,并拥有私人REIT平台以便未来资本回收。该行将恒隆地产的目标价上调14%,由8.4港元升至9.6港元,维持“买入”评级,调整今明两年盈测-4%及+3%,以反映最新中期业绩及杭州商场的落成时间表。

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