Core Insights - The investment giant is divesting a portfolio of approximately 90 properties, with some being sold at over 70% below their original purchase price [1] Group 1 - The decision to sell off properties indicates a significant shift in the company's investment strategy [1] - The substantial discount on the properties suggests potential challenges in the real estate market or specific issues with the properties themselves [1] - This move may reflect broader trends in the investment landscape, where companies are reassessing their asset holdings [1]

Core Viewpoint - The Straits Times Index (STI) is at historic highs, leading investors to question the availability of undervalued stocks, with three Singapore-listed companies identified as potential investment opportunities despite the overall market conditions [1][13]. Group 1: Hongkong Land (SGX: H78) - Hongkong Land is a property investment and management group with significant assets in Hong Kong, Singapore, and China, experiencing a share price increase of over 27% following a strategy update [2]. - The company's price-to-book (P/B) ratio is low at 0.47, indicating potential undervaluation amidst investor pessimism regarding China's property sector [3]. - The Group's vacancies in Hong Kong decreased to 6.9% as of June 2025, compared to 7.1% at the end of 2024, outperforming the wider Central Grade A office market [3]. - Hongkong Land's Net Asset Value (NAV) per share rose to US$13.62 as of June 30, 2025, with an underlying profit of US$320 million for the first half of 2025, reflecting an 11% growth year-on-year [4]. Group 2: UOL Group (SGX: U14) - UOL Group is a diversified property and hospitality group with assets valued at approximately S$23 billion, benefiting from a strong residential market [6]. - Revenue from property development increased by 40% to nearly S$732 million, with overall revenue rising 22% to S$1.55 billion in the first half of 2025 [7][8]. - Despite a pre-tax profit increase of 30% to over S$319 million, UOL Group's NAV per share slightly decreased to S$13.59 as of June 30, 2025 [8]. Group 3: Wilmar International (SGX: F34) - Wilmar International is one of Asia's largest agribusiness groups, reporting a 6.3% year-on-year revenue growth to nearly US$33 billion in the first half of 2025 [10]. - The company's net profit rose by 2.6% to almost US$595 million, with significant growth in its plantation and sugar milling business [10]. - Wilmar's stock is trading near its 52-week low of S$2.87, with a current P/B ratio of 0.69, indicating potential undervaluation [11][12].

一位家住西悉尼的房产投资者扔下一枚重磅炸弹，这位拥有300多套房产、价值近 2.5亿澳元的投资者坦 言，自己对现有规模仍不满意。 （图片来源：RealEstate） 刚满40岁的他，因尚未成为亿万富翁而倍感失望，而这曾是他给自己设定的40岁人 生目标。 Nathan Birch的"房产帝国"始于收购澳洲贫困区的破旧房屋。如今他计划发起新一 轮购房狂潮，目标是 一个月内买入100套房产。 "我本想在40岁成为亿万富翁，虽然没能实现，但总有一天会达成。我的终极目标 是拥有1万套房产， 这是为了我的子孙后代。希望我死后，我的资产能像企业一样 永续运转。" Birch清楚自己的计划必将引发争议，许多人会指责他加剧住房危机——毕竟他抢购 的房源本可能属于 首次购房者。 （图片来源：RealEstate） "我沉寂了一段时间，但今年打算大举收购。肯定会有很多人不满，甚至有人会 骂'他怎么敢这样'。但 我早已接受不是所有人都认同我的做法……就连我妈在我买到 200套房时都劝我别犯傻，别再买了。" 成长于悉尼Mt Druitt单亲家庭的Birch，没有巨额遗产或家庭资助。 他的大部分房产价格低于市场均价（约20万澳元/套）， ...