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瑞銀:予領展(0823.HK)買入評級 目標價82港元
格隆匯 02-11 12:47

領展(0823.HK)公佈斥資33億元與Oxford組合營公司,拓展澳洲商廈業務,當中領展將持有49.9%的權益。瑞銀髮表研究報吿指,預期未來領展還會進行更多收購,認為是次收購具有增值作用,並帶來1%的額外每單位可分配收入增長,予目標價82港元及“買入”評級。

該行表示,對近期澳洲寫字樓市場前景仍持謹慎態度,鑑於近期租户措施仍達到30%以上,鑑於供應將高於平均水平,中期內空置率仍將保持在高位,亦料在租賃和維護資本支出方面將每年影響約100個基點的淨收益率,繼而影響自由現金流。

該行提及,領展管理層在電話會議中表示,將繼續瞭解評估疫情爆發情況,並提供租金減免或營銷舉措以支持零售租户。同時,管理層強調近期香港政府將購物中心納入疫苗護照計劃的決定對成本影響有限,因為政府已澄清業主不需進行主動檢查。

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