Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Las Vegas Sands Recommended to Break Up to Boost Value

Sept. 24 (Bloomberg) -- Las Vegas Sands would be worth $85/shr if it spun out shopping-mall, hotel properties as two real estate investment trusts, with rest of co. remaining pure casino owner, according to a report released by Jonathan Litt, founder and CEO of investment firm LandandBuildings.

* Co.’s shrs closed at $44.92 on Sept. 21 * “LVS is a growth company at a value price at half the

multiple of REITs despite twice the growth,” Litt, former

senior global real estate strategist at Citigroup writes * “LVS is a property company and when valued as such it can

be a double to current pricing.” Story

For Related News and Information: Las Vegas Sands news: LVS US <Equity> CN <GO> Top stories: TOP <GO> Stories on U.S. real estate: TNI US REL <GO> World real estate indexes: RMEN <GO> Top real estate stories: TOPR <GO> Bloomberg commercial real estate stories: NI CRE BN <GO> Bloomberg commercial mortgage securities: CMBH <GO> Bloomberg real estate function menu: RE <GO> Interactive commercial real estate monitor: CRE <GO>

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.