Targetfollow Group, the largest shareholder in Woolworths, has hired CB Richard Ellis to value the retailer's largely leasehold property portfolio to prove the business has some value.Naghshineh said that the brand name itself, its stores' good locations and the fact that he believes the business will be turned around by new chief executive Steve Johnson means the business is undervalued.He said the company's share price of around 4p, which values the company at less than £60m, is far below the company's worth and its property portfolio is worth much more than City stock market analysts claim.Woolworths has sold several of its leaseholds, including three stores to fashion brand H&M.Earlier this year it sold a batch of stores to Waitrose and has also sold smaller high street units to Tesco.
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机译:Woolworths的最大股东Targetfollow Group已聘请世邦魏理仕(CB Richard Ellis)对这家零售商的主要租赁物业组合进行估值,以证明该公司具有一定的价值。新任首席执行官史蒂夫·约翰逊(Steve Johnson)将扭转业务局面,这意味着该业务被低估了。他说,该公司的股价约为4便士,该公司的估值不到6,000万英镑,远低于该公司的市值,其房地产投资组合的价值远不止于此Woolworths已将其几处租赁权出售给时尚品牌H&M,其中包括三家商店。今年早些时候,Woolworths将一批商店出售给Waitrose,还将较小的高街单位出售给Tesco。
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