SEHK:101Real Estate
Hang Lung Properties (SEHK:101) Valuation After Major West Nanjing Road Redevelopment Deal in Shanghai
Hang Lung Properties (SEHK:101) just signed a major partnership with Shanghai Join Buy Group to redevelop the former Westgate Mall on West Nanjing Road, a move that significantly expands its Shanghai footprint.
See our latest analysis for Hang Lung Properties.
The deal comes as Hang Lung Properties enjoys a strong rebound, with the share price up sharply this year on a robust year to date share price return of 49.43 percent. However, the five year total shareholder return of negative 36.39...