Swire Properties Ltd
01972: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| CG@ | LOCK|gKKv | LOCK|P^$$Gx$ |
Swire Properties: Sale of Noncore US Retail Asset Within Expectation; Shares Remain Undervalued
Swire Properties has announced the sale of its 75% interest in Brickell City Centre retail asset to Simon Property, which owns the remaining 25%. The total consideration is up to USD 549 million, including a contingent component of USD 36 million tied to the cost of works on shared facilities.
