Citigroup has released a research report, listing the investment ratings and target prices for real estate stocks as follows:

Stock | Investment Rating | Target Price (HKD)

Wharf Holdings (00004.HK) | Sell | HK$18.9

Henderson Land (00012.HK) | Buy | HK$24

Hysan Development (00014.HK) | Buy | HK$13.9

ShK Properties (00016.HK) | Buy | HK$88.5

New World Development (00017.HK) | Sell | HK$6.8

Sino Land (00083.HK) | Buy | HK$9.2

Hang Lung PPT (00101.HK) | Buy | $7.3

Kerry PPT (00683.HK) | Buy | $17.6

Fortune REIT (00778.HK) | Buy | $4.5

Link REIT (00823.HK) | Buy | $46.5

CK Asset (01113.HK) | Neutral | $33.5

SwireProperties (01972.HK) | Buy | $19

Wharf REIC (01997.HK) | Buy | $26.5

Champion Real Estate Investment Trust (02778.HK) | Sell | $1.5