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《大行》瑞銀:恆地(00012.HK)中環海濱項目獲預租 料利好股價表現
阿思達克 06-16 10:28
瑞銀發表研報指,恆地(00012.HK)日前宣布旗下中環新海濱3號用地第一期項目獲美國量化交易公司Jane Street Asia Limited預租,涉及約22.34萬平方呎樓面面積,佔第一期辦公及配套面積的70%,租期為五年,基本月租每平方呎137元,扣除回贈及補貼後預料淨有效租金為約107元。 瑞銀指出,按置地中環零售物業最新淨有效租金210元推算,恆地中環新海濱項目第一期毛收益率及淨回報分別達到3.5%及2.5%,仍低於集團2024財年加權融資成本約4.51%。據指,Jane Street目前正在租用置地遮打大廈11萬平方呎的樓面,是次搬遷意味著其辦公面積擴張逾一倍,租金水平則較現有的平均淨租金101元提升。 該行預期消息將利好恆地股價表現,獲主要租戶提前鎖定租約,將帶動未來寫字樓租金進一步提升,對比同區寫字樓物業短期內仍要面對更激烈競爭。瑞銀對恆地給予「買入」評級,目標價29元,較每股資產淨值預測有約35%折讓。
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