Hongkong Land Holdings Ltd
H78: XSES (SGP)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$4.35 | Wlwmry | Dnjbwbmr |
Hongkong Land’s Long-Term Vision Is Maintained After a Century
Business Strategy and Outlook
Hongkong Land's history can be characterized by patience and transformation. The company’s modus operandi is to acquire and grow a portfolio of high-quality assets in Hong Kong’s, or HK's, CBD. Over more than a century, it assiduously assembled, maintained and upgraded these assets and turned them into a portfolio consisting of the most desirable office addresses and retail locations in the city. The HK portfolio accounts for nearly 65% of the company’s earnings, all of which stable rental incomes.