Hongkong Land Holdings

Why we are not increasing our portfolio’s exposure to property

SINGAPORE (April 21): For the second consecutive week, the benchmark Straits Times Index has trended down. From April 11 to 18, the STI lost 1.3% to close at 3,137.5 points. Our portfolio, too, fell 1.3%, with Golden Energy and Resources, Cogent Holdings

Broker's Calls

Is this the most undervalued stock among office landlords today?

SINGAPORE (April 4): CIMB Research continues to rate property investment, management and development group Hongkong Land at “add” with a raised target price of US$8.50 ($11.90) from US$7.80 previously.
o Bee Land made a name for itself by developing luxury properties such as the Turquoise on Sentosa Island

The Edge Billion Dollar Club

Mid-sized developers gallop ahead with property development

SINGAPORE (Nov 1): Deft risk-taking by a handful of midsized developers over the three years to 2015 made them the best performers in terms of the financial metrics by which the Billion Dollar Club companies are measured.

Broker's Calls

Sinarmas Land: Best deal in town?

SINGAPORE (Sept 15): RHB is maintaining its “buy” on Sinarmas Land with 91 cents target price, convinced that the township developer is the “best proxy” for exposure to Indonesia’s sector property sector.

Singapore sale of rare Marina Bay land set to fetch bumper price

SINGAPORE (Sept 2): The first sale of land in Singapore’s Marina Bay in nine years is set to fetch a bumper price as developers jockey for a piece of the sought-after financial district.

Results

Hongkong Land sees 6% dip in 1H underlying profits to US$393 mil

SINGAPORE (July 28): Developer Hongkong Land Holdings saw a 6% drop in underlying profits to US$393 million ($531 million) for 1H2016 ended June compared to $419 million a year ago.
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