Link Real Estate Investment Trust
The link reit was created by the government which hived off assets from the housing authority that included 151 retail facilities mainly within public housing estates and 79 000 parking spaces.
Link real estate investment trust. Retail properties car parks and others. Link real estate investment trust link reit hong kong stock code. Expected net loss for fiscal 2020 will have only marginal impact on credit quality. 823 is managed by link asset management limited link reit is the first real estate investment trust listed in hong kong and now the largest in asia in terms of market capitalisation.
Link reit has sufficient financial buffer to fund its proposed acquisition of an australian asset. Link real estate investment trust which has extensive property investments including shopping centres in china abandoned talks to support intu properties plc s planned equity raise at the end. Reits generate a steady income stream for investors but offer little in the way of. The firm operates through the following segments.
Moody s investors service 20 dec 2019 announcement moody s. Moody s investors service 28 nov 2019. Link real estate investment trust engages in the property development and related activities. The date for the listing was 25 november 2005 at a valuation of hk 22 02 billion valuation 2 137 454 000 x hk 10 30 hk 22 02 billion us 2 82 billion.
It is also a constituent of the hang seng index. Link real estate investment trust. A real estate investment trust reit is a company that owns operates or finances income producing properties. We link people to a brighter future.