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Howard Hughes Corporation (The) Message Board

  • realshazard realshazard Dec 21, 2012 11:35 PM Flag

    question for board

    How should an investor think about these real estate devellopment cos? If the re is on the books from 1988 at cost,should the stock trade ata premium to book? and if the developments themselves should, in a rising market, sell for more than devolpment costs, should the developed real estate also deserve some premium to cost? Just interested in how to think about HHC and similar stocks. thanks

 
HHC
90.39-2.76(-2.96%)Feb 5 4:02 PMEST