Link REIT

Retail Asia25/02/2019

Link Asset Management has bought the Centralwalk shopping mall in Shenzhen’s CBD via its real estate investment trust. The RMB6.6 billion (US$981.9 million) transaction marks Link REIT’s first acquisition in Shenzhen, the second in the Greater Bay Area and its fifth in Mainland China, all in tier-one cities. Centralwalk is a five-storey retail centre in […]

Retail Asia28/11/2018

Link REIT has reached a conditional agreement to acquire a RMB2.560 billion (US$368.8 million) shopping centre in Beijing. The property, Beijing Jingtong Roosevelt Plaza, is a seven-storey mall housing 268 retail tenants, with 576 car parks on two additional underground levels. Link said in a stock exchange filing that the property is located in Tongzhou, […]

Retail Asia16/11/2018

Link Reit has improved like-for-like revenue by 7 per cent in the first half year, with car park revenues up 10 per cent and retail up 6.6 per cent. The valuation of Link’s investment properties portfolio reached HK$209.8 billion, an increase of 3.3 per cent compared to March 31. In a results announcement, the company […]

Retail Asia17/04/2017

Link REIT has bought a shopping mall in Guangzhou for RMB4.065 billion (HK$4.57 billion; US$588.4 million). The property, Metropolitan Plaza, is located at No. 8 Huangsha Road in Liwan District. It comprises retail space from basement level one to the third floor and two levels of parking. Its gross lettable area is about 85,732 sqm. […]

Retail Asia14/06/2016

Link Asset Management, which manages Link Real Estate Investment Trust, Link REIT, increased both its revenue and net property income by double figures during the year ended March 31. Revenue rose 13.2 per cent to HK$8740 million (US$1125.68 million), while property income rose 14.9 per cent to HK$6513 million. During the year, the value of […]

Retail Asia01/12/2015

Just three months ago Hong Kong supermarket retail concept 759 Stores was boasting a 48 per cent increase in sales and the opening of 57 new shops last financial year. This month the chain says it will close four Hong Kong stores citing the lacklustre retail climate in Hong Kong. The four stores are all […]

Tag: Link REIT

Hong Kong’s Link REIT Buys Shenzhen Mall for RMB 6.6B

Link REIT Buys Beijing Mall for RMB 2.56B

Solid six months for Link Reit

Link REIT buys Guangzhou mall

Hong Kong’s Link REIT posts double-digit growth

759 Store Hong Kong closes four shops