智通财经APP获悉，摩根士丹利发布研报称，领展房产基金(00823)“与大市同步”评级，目标价37港元。领展预计将于5月公布今年3月底止2026财政年度业绩。尽管香港零售销售有所改善，该行预期2026财政年度每基金派息将因租金收入下降而同比减少7.3%，市场预测减9.3%，这意味着2026下半年每基金单位派息将同比下降9.9%。
报告指，受滞后效应及大众零售复苏速度低于预期影响，续租租金下滑趋势可能持续至2027财年上半年。而线上销售增长及中国电商渗透率提升，恐对领展零售物业组合造成冲击。
智通财经APP获悉，摩根士丹利发布研报称，领展房产基金(00823)“与大市同步”评级，目标价37港元。领展预计将于5月公布今年3月底止2026财政年度业绩。尽管香港零售销售有所改善，该行预期2026财政年度每基金派息将因租金收入下降而同比减少7.3%，市场预测减9.3%，这意味着2026下半年每基金单位派息将同比下降9.9%。
报告指，受滞后效应及大众零售复苏速度低于预期影响，续租租金下滑趋势可能持续至2027财年上半年。而线上销售增长及中国电商渗透率提升，恐对领展零售物业组合造成冲击。
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