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Harbour Centre Development Limited ( (HK:0051) ) has issued an update.
Harbour Centre Development Limited, along with Wharf Group and WREIC Group, has entered into a New Master Property Services Agreement effective from January 1, 2026, to December 31, 2028. This agreement aims to regulate ongoing connected transactions related to property services among members of the WAC Group. The agreement is crucial for maintaining operational continuity and compliance with the Listing Rules, although it is exempt from certain approval requirements. This strategic move is expected to streamline property service operations across the group’s diverse real estate portfolio, potentially enhancing efficiency and market positioning.
The most recent analyst rating on (HK:0051) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on Harbour Centre Development Limited stock, see the HK:0051 Stock Forecast page.
More about Harbour Centre Development Limited
Harbour Centre Development Limited (HCDL) operates in the real estate industry, focusing on property development and investment in regions such as Hong Kong, Chinese Mainland, and Singapore. The company, along with Wharf Group and WREIC Group, provides a range of property services including project management, sales and marketing, property management, and leasing agency services.
Average Trading Volume: 23,673
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.08B
Find detailed analytics on 0051 stock on TipRanks’ Stock Analysis page.