HWG shifts focus to industrial logistics and powered land; losses reported
HWG’s shift toward industrial & logistics and powered land, exiting residential, drove a negative Total Accounting Return of (3.7)% from residential valuation losses. Core demand and liquidity remain strong.
HWG said it is accelerating its focus on industrial and logistics and powered land, and exiting residential. 7)% after residential valuation losses, even as it cited strong operational progress and robust demand in core segments. Net assets and EPRA NDV per share declined. The company also said liquidity remained…