Yuexiu Property Restructures Connected Lease for Guangzhou Elderly-Care Facilities

Yuexiu Property Co ( (HK:0123) ) just unveiled an update.

Yuexiu Property’s subsidiary Guangzhou Haiyiyuan has agreed with Guangzhou Paper, a subsidiary of the group’s ultimate controlling shareholder, to terminate early an existing 12‑year lease on Guangzhou Paper’s properties used for elderly-care services, effective 29 January 2026, and simultaneously enter into a new 20‑year lease starting 30 January 2026 on more favourable terms. Under Hong Kong reporting rules, these arrangements are treated as a disposal and acquisition of right-of-use assets and classified as connected transactions, triggering reporting and announcement requirements but exempting the company from independent shareholders’ approval; due to the unusually long lease term, an independent financial adviser has been appointed to justify the duration as normal business practice, underscoring the company’s commitment to securing long-term, stable access to key elderly-care facilities while complying with governance standards.

The most recent analyst rating on (HK:0123) stock is a Hold with a HK$4.00 price target. To see the full list of analyst forecasts on Yuexiu Property Co stock, see the HK:0123 Stock Forecast page.

More about Yuexiu Property Co

Yuexiu Property Co, incorporated in Hong Kong and listed on the Stock Exchange of Hong Kong, operates in the real estate sector with activities that include property development and investment. Through subsidiaries such as Guangzhou Haiyiyuan, the group also engages in specialized projects including the provision of elderly-care services using leased properties in Guangzhou.

Average Trading Volume: 11,087,230

Technical Sentiment Signal: Hold

Current Market Cap: HK$17.32B

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