薪酬方面，据新鸿基地产2024/2025财年数据显示，冯秀炎该年获得董事袍金30万港元(约合人民币约 26.67万元)，其他薪酬高达2396万港元(约合人民币约2130万元)，全年薪酬合计2426万港元。 此次涉事的上海环贸iapm，是新鸿基地产在上海高端商业市场的标杆力作。 公开资料显示，该项目坐落于上海淮海中路陕西南路商业区核心地段，由国际知名设计事务所英国贝诺 (Benoy Architects)操刀外形及室内设计，凭借优质的节能与环保设计荣获LEED"金级"证书，商业面积 约12万平方米，涵盖地上六层及地下二层，自2013年开业以来，便以独特的"夜行消费"理念(营业时间 延长至晚间11点，餐饮业态至次日凌晨1点)成为上海高端商业的标志性项目之一。 品牌阵容方面，iapm汇聚了逾244个国内外高端潮流品牌，层级覆盖国际一线奢侈、潮奢、时尚生活、 运动户外等多个领域，例如Prada、Gucci、Balenciaga、Fendi、Valentino等国际顶奢品牌，始祖鸟、迪 桑特、Nike、lululemon、HOKA等运动品牌，以及泡泡玛特、TOP TOY等潮玩品牌均有入驻。同时配 套city'super ...

【2026年2月2日，香港】新鸿基地产（新地）（0016）旗下最具规模住宅租赁品牌 TOWNPLACE 本舍，宣布正式加盟香港最大型的商场综合会员计划 The Point，成为集团首个引入该计划的优质租住品牌。此次合作打破传统租赁框架，TOWNPLACE 本舍 以 The Point 为纽带，通过数字平台将居住体验与日常 消费无缝对接，让住户轻松连通 The Point 网络，包括旗下近 30 个新地商场、近 3,000 间商户及 6 间 "帝" 系酒店。此举不仅提升了租户对品牌及集团的归 属感，更将单纯的居住转化为灵活、定制化的全方位高端生活体验。 新地豪宅租赁最新力作 新贵精英居所租住系列 TOWNPLACE 本舍 为新地自家打造的最新优质租住品牌，传承新地享誉盛名的豪宅租赁卓越传统，专为环球高管及专业人士打造优质租住方案。作为新地 豪宅租赁的创新延续，TOWNPLACE 本舍 整合集团优势资源，升华了当代精英的高端租住体验。 品牌旗下三大项目位于中环半山、坚尼地城及西九优越地段，总共供应近 1,300 个单位。其中最新临海旗舰项目 TOWNPLACE WEST KOWLOON (本舍西 九) 为品牌定位 ...

股息方面，花旗表示，太古地产(01972)及香港置地承诺实现中单位数同比增长，九龙仓置业(01997)的 每股股息增长主要得益稳定的65%派息率下利息成本的节省。新鸿基地产、长实集团(01113)、信和置 业、嘉里建设(00683)、恒隆地产、希慎兴业(00014)、九龙仓集团(00004)，股息预计维持稳定。迎来五 十周年的恒基地产股息存在争议。领展房产基金(00823)、置富产业信托(00778)及冠君产业信托(02778) 因租金负增长，预计每基金单位分派数下降。 盈利方面，花旗预计香港置地、九龙仓置业及置富产业信托录得增长;新鸿基地产、信和置业、长实集 团、希慎兴业大致稳定;恒隆地产及太古地产同比下降0%至5%，但2025年下半年已因零售营业额租金改 善而好转;嘉里建设(倒退15-20%符预期)、恒基地产(倒退40%，因缺乏出售收益等)、冠君产业信托(倒退 10%)、领展表现疲弱。 花旗认为，相较于收租股，发展商在2026至2027年展现更大的每股盈利上行潜力，主要得益房价改善带 来的房屋销售利润率提升，及潜在具增值效益的新土地收购，推荐股票包括新鸿基地产(00016)、信和 置业(00083)、恒基 ...

Group 1 - The core viewpoint of the articles is that investors have overlooked the subdued performance of the Hong Kong real estate market last year, focusing instead on the potential for rising property prices, profit margins, and sales in 2026 and 2027 [1] - Citi believes that property developers will show greater earnings per share upside potential compared to rental stocks from 2026 to 2027, driven by improved housing sales profit margins and potential value-accretive land acquisitions [1] - Recommended stocks include Sun Hung Kai Properties (00016), Sino Land (00083), Henderson Land Development (00012) after March, and Hang Lung Properties (00101) [1] Group 2 - Regarding dividends, Citi states that Swire Properties (01972) and Hongkong Land are committed to achieving mid-single-digit year-on-year growth, while Wharf Real Estate Investment's (01997) per-share dividend growth is mainly due to a stable 65% payout ratio and savings on interest costs [2] - Expected stable dividends for Sun Hung Kai Properties, Cheung Kong Holdings (01113), Sino Land, Kerry Properties (00683), Hang Lung Properties, Hysan Development (00014), Wharf Holdings (00004) [2] - The performance of Link REIT (00823), Prosperity REIT (00778), and Champion REIT (02778) is expected to decline due to negative rental growth [2]

Group 1 - Hong Kong local property stocks collectively rose today, with New World Development increasing by over 4%, and other companies like Sun Hung Kai Properties, Hang Lung Properties, Cheung Kong Property, and Sino Land rising by over 3% [1] - Notably, Sun Hung Kai Properties reached a historical high [1] Group 2 - New World Development's latest price is 9.830, with a market capitalization of 24.739 billion [2] - Sun Hung Kai Properties' latest price is 119.000, with a market capitalization of 344.836 billion [2] - Hang Lung Properties' latest price is 9.540, with a market capitalization of 48.24 billion [2] - Cheung Kong Property's latest price is 45.360, with a market capitalization of 158.75 billion [2] - Sino Land's latest price is 11.650, with a market capitalization of 110.494 billion [2] - Hysan Development's latest price is 21.660, with a market capitalization of 22.245 billion [2] - Kerry Properties' latest price is 23.620, with a market capitalization of 34.28 billion [2] - Kowloon Development's latest price is 26.800, with a market capitalization of 81.371 billion [2] - Swire Properties B's latest price is 12.640, with a market capitalization of 36.011 billion [2] - Link Real Estate Investment Trust's latest price is 35.840, with a market capitalization of 93.146 billion [2] - Kowloon Warehouse Group's latest price is 25.260, with a market capitalization of 77.195 billion [2] - Swire Properties' latest price is 23.200, with a market capitalization of 133.574 billion [2] - Champion REIT's latest price is 2.500, with a market capitalization of 15.338 billion [2] - Henderson Land's latest price is 30.300, with a market capitalization of 146.694 billion [2]

Group 1 - The core view of the report indicates that investors have a positive attitude towards Hong Kong real estate, prioritizing real estate developers, Central office buildings, and luxury retail, while non-essential retail is disappointing [1] - Investors expect property prices to enter an upward cycle this year, with a projected increase of 5% to 10%, and believe that prices have passed the turning point [1] - Approximately 10% of investors are skeptical about the price trends in 2027 and 2028, citing that the rebound in transaction volume is mainly driven by pent-up demand [1] Group 2 - Investors' demand, currently accounting for about 10% to 15% of the market share, depends on rental yields and capital markets, with potential stabilization in residential rents if talent inflow slows [1] - The report highlights that Hong Kong real estate stocks remain attractive in valuation compared to other Asia-Pacific regions, but companies need to demonstrate uniqueness and actual performance to support further stock price revaluation [1] - Investors are optimistic about Central office buildings but have a lukewarm view on the retail sector, favoring companies such as Sun Hung Kai Properties, Hongkong Land, Hang Lung Properties, and Swire Properties [1] Group 3 - There is a divergence in market views on companies such as Sino Land, Henderson Land, and Hysan Development, while there are recommendations to reduce holdings in Link REIT and Wharf Real Estate Investment Company [2] - Less discussion surrounds companies like Cheung Kong Group, Kerry Properties, Regal Real Estate Investment Trust, Champion REIT, and Wharf Holdings [2]

Group 1 - The core viewpoint of the article indicates that investors have a positive attitude towards Hong Kong real estate, prioritizing real estate developers, Central office spaces, and luxury retail, while non-essential retail is viewed less favorably [1] - Investors expect property prices to enter an upward cycle this year, with a projected increase of 5% to 10%, although about 10% of investors are skeptical about the sustainability of prices in 2027 and 2028 due to reliance on pent-up demand [1] - The valuation of Hong Kong real estate stocks remains attractive compared to other Asia-Pacific regions, but companies need to demonstrate uniqueness and actual performance to support further stock price revaluation [1] Group 2 - There is a divergence in market views on companies such as Sino Land (00083), Henderson Land (00012), and Hysan Development (00014), while Link REIT (00823) and Wharf Real Estate Investment (01997) are seen as sell targets [2] - Less discussion surrounds companies like Cheung Kong Property (01113), Kerry Properties (00683), Regal Real Estate Investment Trust (01881), and others [2]

花旗表示，投资者预期香港楼价在今年将进入上升周期，若政府加快土地出售，可能带来供应问题。该 行表示，相较亚太其他地区，香港地产股的估值(NAV折让或市账率)仍具吸引力，但公司开始需要显示 独特性和实际业绩，来支撑股价的进一步重估。 星展发布研报称，新鸿基地产为香港最大地产发展商，拥有庞大土地储备及稳健投资物业组合，构成其 核心优势，约1,970万平方呎的可发展土储，其中有不少为农地，预计可受惠于北部都会区加速发展。 该行指出，公司去年通过政府招标及土地用途转换等多种方式，收购了六幅住宅用地，预料合计可提供 超过300万平方呎的应占总楼面面积，凭借有利的土地成本，估计相关项目税前利润率超过30%，将支 持公司盈利复苏。 新鸿基地产(00016)涨近6%，截至发稿，涨5.76%，报121.1港元，成交额6.07亿港元。 ...

Core Viewpoint - Sun Hung Kai Properties (00016) has seen a nearly 6% increase in stock price, reflecting positive investor sentiment driven by its strong land reserves and investment property portfolio [1] Group 1: Company Overview - Sun Hung Kai Properties is the largest real estate developer in Hong Kong, with a substantial land reserve of approximately 19.7 million square feet, including significant agricultural land that is expected to benefit from the accelerated development of the Northern Metropolis [1] - The company acquired six residential land parcels last year through government tenders and land use conversions, which are expected to provide over 3 million square feet of attributable gross floor area, supporting a projected pre-tax profit margin exceeding 30% due to favorable land costs [1] Group 2: Market Outlook - Citigroup indicates that investors anticipate a rising cycle for Hong Kong property prices this year, with potential supply issues if the government accelerates land sales [1] - Compared to other regions in Asia-Pacific, Hong Kong real estate stocks remain attractive in terms of valuation (NAV discount or price-to-book ratio), but companies need to demonstrate uniqueness and actual performance to support further stock price revaluation [1]

Group 1 - Investors have a positive outlook on Hong Kong real estate, prioritizing real estate developers, Central office buildings, and luxury retail, while non-essential retail is disappointing [1] - There is an expectation that property prices will enter an upward cycle this year, with a significant increase of 5% to 10% anticipated [1] - Investors are optimistic about Central office buildings but have a lukewarm view on the retail sector, focusing on companies like Sun Hung Kai Properties, Hongkong Land, Hang Lung Properties, and Swire Properties [1]