TradeExpert86
:
Hongkong Land to exit build-to-sell business, pivot to fund management, eyes ReitsThe group intends to recycle up to US$10 billion in capital by 2035, and grow assets under management from US$40 billion today to up to US$100 billion by then
102904408 : They are monetising their assets,spinning off as reits,recycling capital to buy other properties to get more recurring income
TradeExpert86 : Hongkong Land to exit build-to-sell business, pivot to fund management, eyes ReitsThe group intends to recycle up to US$10 billion in capital by 2035, and grow assets under management from US$40 billion today to up to US$100 billion by then
Shootingstar TradeExpert86 : thank you for your explanation but it sounds like same problem just different packaging