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瑞銀:維持太古地產(1972.HK)“沽售”評級 目標價22.6港元
格隆匯 11-13 11:36
瑞銀髮表報告表示,太古地產(1972.HK) 昨天舉行了投資者日,該行引述太古地產管理層透露,香港社會事件已影響公司今年第三季旗下零售商場銷售增長,但總體寫字樓仍然鞏固,空置率保持穩定。據太古地產管理層指,雖然受香港社會事件影響,但集團長遠仍會持續投資香港零售、寫字樓及住宅領域,公司最近夥同嘉裏建設(0683.HK) 及信和置業(0083.HK) 中標黃竹坑站四期項目。
按香港零售銷售趨勢,瑞銀估計太古廣場於今年第三季零售銷售按年跌28%,估計太古城中心及東薈城亦按年各跌3%及10%,集團已於9月份按個別情況對租户提供短期租務援助安排,料9月總體盈利影響輕微,管理層稱將視乎社會情況,考慮延長相關租務安排。瑞銀維持對太古地產“ 沽售 ”投資評級及目標價22.6港元,此相當2020年每股資產淨值折讓45%。

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