Actualización sobre el mercado inmobiliario y la desinversión de Macao
16 de abril de 2024
Fondo de oportunidades de propiedad de Macao Limited
("MPO" o "la Compañía")
Update on Macau Property Market, Divestment Programme and Repayment of Debt
Macau Property Opportunities Fund Limited is pleased to provide an update on recently announced relaxations to Macau's long-standing property anti-speculation measures, the Company's portfolio divestment programme and debt repayment progress.
Changes to Property Cooling Measures
The Macau government has announced unprecedented relaxation measures to its real estate anti-speculation policies which have been in place for over a decade. These measures, which follow a similar move by Hong Kong in February, include the axing of prevailing special stamp duty requirements and improving loan-to-value ("LTV") ratio ceilings for mortgage loans.
Under the proposed amendments, all existente anti-speculation measures will be removed, yincluyendo:
o Stamp duty levied on properties resold within 24 months after being purchased
o An extra 10% duty imposed on compradores extranjeros
o An 5% extra duty on additional ownership
The maximum mortgage LTV ratio ceiling for foreign buyers has also been increased from c.40% to 70%.
These policy changes are welcomed by the Company which is likely to benefit from an increase in interest for luxury residential properties which constitute the remainder of MPO's portfolio exposure.
The proposed policy amendments are subject to formal ratification by Macau's Legislative Assembly and are expected to become effective in the near future, following a fast-tracked approval process.
Divestment Programme and Debt Position Update
The Company is also pleased to provide an update on its divestment progress and debt position, following the most recent information provided to shareholders in its Interim Results in early March.
Since the end of 2023, MPO has successfully divested a further six units in The Waterside worth a combined gross value of HK$139.7 million (c.US$17.9 million.) This brings the total number of units divested at The Waterside since the programme commenced to 24, raising a total of HK$525.0 million (US$67.1 million) in gross proceeds. 35 units remain available for sale.
While negotiations are ongoing in an improving market, no further sales have as yet been secured at The Fountainside or Penha Heights.
Following the completion of these latest divestments, the Company's total debt will fall to c. US$79.3 million from US$96.5 million, with its corresponding loan-to-value ratio declining to c.47% from c.51%.
The Manager continues to focus on securing further asset sales to reduce debt further and meet all the Company's financial obligations.
- Fin -
Acerca del Fondo de oportunidades inmobiliarias de Macao
Premium cotizada en la Bolsa de Valores de Londres, Fondo de oportunidades de propiedad de Macao Limited es una sociedad de inversión cerrada registrada en Guernsey y es el único fondo inmobiliario cotizado dedicado a invertir en Macao, el mercado de juego líder en el mundo y la única ciudad de China donde el juego está legalizado.
Lanzada en 2006, la Compañía apunta a inversiones estratégicas en propiedades y oportunidades de desarrollo en Macao. Su cartera actual comprende activos inmobiliarios de primera calidad.
La Compañía está dirigida por francotirador capital limitada, un administrador de inversiones inmobiliarias con sede en Asia con un historial establecido en la gestión de fondos y el asesoramiento de inversiones.
Número de inventario
Bolsa de valores de Londres: MPO
LEY
213800NOAO11OWIMLR72
Para mayor información:
Manager
francotirador capital limitada
Comunicaciones grupales
Tel: +86 571 82867702
Email: GME@dhr-rgv.com
Sector empresarial Broker
Capital Liberum
Darren Vickers/Owen Matthews
Tel: +44 20 3100 2234
Secretario y administrador de la empresa
Administración de Ocorian (Guernsey) Limited
Kevin Smith
Tel: +44 14 8174 2742
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