Letters by company

Mandarin Oriental International Limited

1 letter discussing MAORF. Everything written about it on this site is on its ticker page.

Third Avenue Management International Real Estate Value Fund Portfolio Manager Commentary Third Avenue International Real Estate Value Fund initiated positions in Hang Lung Group and Savills after privatization proceeds and market volatility created discounted entry points. The fund argues that inflation-linked rents, high cash conversion and conservative debt provide resilience, while low valuations leave room for catalysts including development completion, asset sales and Savills’s Eastdil acquisition. Q1 2026 HNLGY $2.1BSVLPF $1.9B