This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Las Vegas Sands: Unlocking Value Could Be a REIT Idea

LVS Lodging REIT and LVS Mall REIT would be Singapore-listed REITs owning the mall assets in Macao and Singapore, while the lodging REIT would own the hotels in Macao, Singapore and Las Vegas.

The Singapore REIT market is the most active and mature in Asia, comps have good valuations in the mall and lodging space and the Sing government would likely be favorable toward a transaction relating to Marina Bay Sands, Las Vegas Sands Singapore Asset if they got the listing on Two REITs with market caps totaling over $30 billion.

LVS would spin out to existing shareholders shares in the mall and lodging company and those shareholders would then have the option to buy more or sell. Ideally, the management team of LVS would not sell any shares in these entities.

Both the mall and lodging REITs would be the fastest growing in their respective property space, the largest, and likely the most sought after by institutional investors that are dedicated to real estate or want a way to participate in the growth of the Asian consumer.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

4 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
LVS $56.34 0.00%
AAPL $127.60 0.00%
FB $83.09 0.00%
GOOG $535.38 0.00%
TSLA $205.27 0.00%


DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs