SEHK:1997Real Estate
Is Wharf Real Estate Investment (SEHK:1997) A Bargain On Its Orchard Road Asset Sale Plan?
Wharf Real Estate Investment (SEHK:1997) has drawn attention after moving to sell its Singapore Orchard Road properties, Wheelock Place and Scotts Square, a portfolio acquired in 2019 and recently valued at HK$7.7b.
See our latest analysis for Wharf Real Estate Investment.
The Orchard Road sale plans come after a mixed period for Wharf Real Estate Investment, with a 1-year total shareholder return of 7.49% contrasting with a 3-year total shareholder return that is down 32.48%. The 1-year...