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JMHLY Jardine Matheson Holdings Ltd (PK)

35.40
-0.03 (-0.08%)
09 Aug 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Jardine Matheson Holdings Ltd (PK) USOTC:JMHLY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.03 -0.08% 35.40 34.15 37.05 35.73 34.81 35.2825 24,437 21:30:09

Hongkong Land: Hong Kong Office Leasing Market Still Subdued

06/11/2013 9:50am

Dow Jones News


Jardine Matheson (PK) (USOTC:JMHLY)
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LONDON--Hongkong Land Holdings Ltd. (H78.SG) Wednesday said activity in the Hong Kong office leasing market remained low in the period from July 1 to Nov. 5, with rental reversions in the Central office portfolio continuing to be largely positive.

MAIN FACTS:

-Vacancy 5.9%, compared to 5.6% at June 30; expected to decrease before the end of the year

-Retail portfolio is fully occupied and rental reversions were positive

-In Singapore, market was quiet with rents remaining stable, and vacancy in the Group's office portfolio was 2.4% compared with 3.1% at the end of June.

-Hongkong Land's balance sheet remains strong, with net debt at Oct. 31 largely unchanged from that reported at the half year

-Write to Ed Ballard at ed.ballard@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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