Hopewell hopeful over share sale

Hopewell Hong Kong Properties will see positive rental growth in its existing real estate portfolio in the short term, with improved tenants, managing director Thomas Jefferson Wu promised potential investors yesterday.

Wu painted a rosy picture of the property concern at the company's press conference yesterday to outline its proposed listing.

However, the positive outlook may not help the proposed listing. Analysts said investors have choices nowadays as major property investment companies are trading at a big discount.

via Business feed http://www.scmp.com/business/companies/article/1254441/hopewell-hopeful-over-share-sale