Why Howard Hughes Holdings Could Be the Next Deep Value Play in Real Estate
Sunday, 21 April 2024, 11:37
Overview of Howard Hughes Holdings
Howard Hughes Holdings, known for developing master-planned communities, boasts a business model focused on long-term value creation. The company acquires vast land for residential development, subsequently enhancing its value through commercial assets.
Key Features of Howard Hughes
- Development Portfolio: 6.8M sq ft of office properties, 2.6M sq ft of retail space, and more
- Active Development: 1.7M sq ft under construction with $1.8B in development spending
- Future Revenue Potential: MPC projects in Hawaii and Phoenix-area represent significant opportunities
Howard Hughes presents deep value potential for investors with a projected $129 per-share net asset value, attracting those seeking long-term returns amidst market volatility.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.