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An update from Kerry Properties ( (HK:0683) ) is now available.
Kerry Properties has announced the renewal of its tenancy agreement for its corporate offices at Kerry Centre in Hong Kong. The two-year lease, commencing on November 19, 2025, involves a monthly rent of approximately HK$2,322,000 and additional variable payments. This renewal, considered a connected transaction under Hong Kong’s Listing Rules, reflects the company’s strategic decision to maintain its corporate presence in a prime location, ensuring continuity in its operations. The agreement terms are deemed fair and in the interest of the company and its shareholders.
The most recent analyst rating on (HK:0683) stock is a Hold with a HK$20.50 price target. To see the full list of analyst forecasts on Kerry Properties stock, see the HK:0683 Stock Forecast page.
More about Kerry Properties
Kerry Properties is a prominent player in the real estate industry, primarily focusing on property development, investment, and management. The company is known for its extensive portfolio of commercial and residential properties, with a significant market presence in Hong Kong and mainland China.
YTD Price Performance: 48.03%
Average Trading Volume: 2,054,314
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.15B
For a thorough assessment of 0683 stock, go to TipRanks’ Stock Analysis page.