SEHK:17Real Estate
Assessing New World Development (SEHK:17) Valuation After New 15 Year Hotel Agreements
New World Development (SEHK:17) has signed new 15 year master hotel leasing and management agreements with Chow Tai Fook Enterprises, replacing the 2017 arrangements and extending their hotel partnership through automatic 15 year renewal cycles.
See our latest analysis for New World Development.
The new 15 year hotel agreements arrive after a strong run, with a 30 day share price return of 14.21% and year to date share price return of 22.87%, although the 3 year total shareholder return of...