{"id":72631,"date":"2017-11-23T09:27:42","date_gmt":"2017-11-23T02:27:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-new-wharf-commercial-property-unit-make-spectacular-debut-in-hong-kong\/"},"modified":"2017-11-23T10:02:51","modified_gmt":"2017-11-23T03:02:51","slug":"shares-in-new-wharf-commercial-property-unit-make-spectacular-debut-in-hong-kong","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-new-wharf-commercial-property-unit-make-spectacular-debut-in-hong-kong\/","title":{"rendered":"Shares in new Wharf commercial property unit make spectacular debut in Hong Kong"},"content":{"rendered":"


\nShares in Wharf Real Estate Investment (REIC), which was spun off from The Wharf (Holdings), opened at HK$50.4 a share on their debut on Thursday.
\nWharf REIC\u2019s key assets include investment properties such as Harbour City and Times Square.
\n\u201cWe believe its fair value is HK$48 per share, based on a 30 per cent discount on our estimated net asset value of HK$68 per share,\u201d said Raymond Cheng, an analyst at CIMB Securities.
\nWharf said in August it was hiving off six investment…
\n
\nSource : South China Morning Post
\nRead more…Shares in new Wharf commercial property unit make spectacular debut in Hong Kong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares in Wharf Real Estate Investment (REIC), which was spun off from The Wharf (Holdings),...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-72631","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-iTt","jetpack-related-posts":[{"id":63224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-shares-jump-to-record-as-hong-kong-property-spin-off-plan-revealed\/","url_meta":{"origin":72631,"position":0},"title":"Wharf shares jump to record as Hong Kong property spin-off plan revealed","date":"August 9, 2017","format":false,"excerpt":"\r Wharf Holdings, one of Hong Kong\u2019s biggest landowners, saw its shares surge 15 per cent today after it unveiled plans to spin off its core commercial assets in the city into a separate listing. Wharf said it is carving out six investment properties in Hong Kong with a market\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-delivers-25pc-rise-in-annual-core-earnings\/","url_meta":{"origin":72631,"position":1},"title":"Wharf delivers 25pc rise in annual core earnings","date":"March 9, 2017","format":false,"excerpt":"\r Wharf (Holdings), the Hong Kong conglomerate whose interests are spread across property, telecommunications and infrastructure, enjoyed a 25 per cent rise in core annual earnings last year, helped by rising property income from both Hong Kong and the mainland. Excluding a revaluation gain on investment properties, underlying profit was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47441,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wheelock-shares-hit-historic-high-after-record-annual-core-profit-officials-expect-hk-home-prices-to-rise-5-pc-this-year\/","url_meta":{"origin":72631,"position":2},"title":"Wheelock shares hit historic high after record annual core profit. Officials expect HK home prices to rise 5 pc this year","date":"March 10, 2017","format":false,"excerpt":"\r Wheelock and Company Limited, the Hong Kong property and logistics conglomerate that controls Wharf Holdings, saw its shares surge to a record high on Friday following strong core earnings for 2016, thanks to a greater profit contribution from Wharf, strong home sales in the mainland and Hong Kong, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-landowner-wharf-sees-core-profit-plunge-by-two-thirds-amid-falling-home-sales-in-mainland-china\/","url_meta":{"origin":72631,"position":3},"title":"Hong Kong landowner Wharf sees core profit plunge by two thirds amid falling home sales in mainland China","date":"August 9, 2018","format":false,"excerpt":"\r Wharf Holdings, one of Hong Kong\u2019s biggest landowners, reported a 66 per cent drop in core profit because of weak property sales in mainland China. The conglomerate\u2019s core profit came in at HK$2.53 billion (US$322.31 million) for the six months ended June 30, according to a filing to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-firms-up-balance-sheet-as-hong-kong-home-sales-cushion-profit-slump\/","url_meta":{"origin":72631,"position":4},"title":"Wharf firms up balance sheet as Hong Kong home sales cushion profit slump","date":"August 11, 2026","format":false,"excerpt":"\r Hong Kong developer Wharf (Holdings) is increasingly relying on Hong Kong\u2019s luxury-home market to offset weakness in mainland China, while paring investments and building up cash as it navigates an uncertain outlook. Revenue from Wharf\u2019s Hong Kong development properties nearly tripled to HK$1.35 billion (US$172 million) from HK$475 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159067,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wharf-posts-first-half-profit-as-hong-kong-luxury-market-offsets-mainland-woes\/","url_meta":{"origin":72631,"position":5},"title":"Wharf posts first-half profit as Hong Kong luxury market offsets mainland woes","date":"August 12, 2025","format":false,"excerpt":"\r Hong Kong developer Wharf (Holdings) swung to a profit in the first half, supported by lower borrowing costs and a recovery in the city\u2019s luxury housing market that offset weaker demand in its mainland China operations. Profit attributable to equity shareholders came in at HK$535 million (US$68.2 million), reversing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72631"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=72631"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72631\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=72631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=72631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=72631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}