0527 GMT - Swire Properties' dividend yield seems attractive to DBS Group Research analysts amid bright prospects for the property company's Hong Kong commercial portfolio. Swire Properties posted stable occupancy and solid sales from its Hong Kong tenants in 1Q, the analysts say in a note. The stock trades at a discount of around 50% to DBS's assessed net-asset value, implying an estimated dividend yield of 4.8%-5.1% over 2026-2027. Stronger office-leasing demand and rising sales among its tenants could buoy the rental outlook for its Hong Kong commercial portfolio, they say. Meanwhile, Swire's China portfolio expansion could drive earnings growth and a higher valuation, DBS adds. DBS retains its buy rating and HK$30.38 target price. Shares rise 2.1% to HK$25.52. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
May 11, 2026 01:27 ET (05:27 GMT)
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