Hongkong Land Holdings Ltd
H78: XSES (SGP)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<Z | LOCK|>$&<N | LOCK|#@L!R^ |
Hongkong Land: Wheelock Place Acquired; Wharf REIC Monetizes Noncore Asset
Hongkong Land's Singapore Central Private Real Estate Fund agreed to acquire Wheelock Place in Singapore from Wharf REIC in late August for SGD 1.1 billion, modestly above Wharf REIC's end-June book value of SGD 1 billion but in line with a recent independent valuation, according to HKL.
