Overview
The Link REIT (stock code: 823) is the first REIT listed on the Hong Kong Stock Exchange. Its property portfolio comprises retail and carpark facilities across Hong Kong.
Our objective is to provide unitholders of The Link REIT with stable income distributions and with potential for sustainable long term growth of such distributions. We seek to optimise the performance and the overall quality of our large and diversified portfolio of assets through various investment and business strategies.
Structure of The Link REIT
The Link REIT is a unit trust authorised by the SFC under section 104 of the Securities and Futures Ordinance ("SFO") and regulated by the provisions of the REIT Code. The Link Management Limited is licensed by the SFC under section 116 of the SFO to conduct the regulated activity of asset management.
The Link REIT adopts an internalized management structure where the Trustee is the registered holder of all the shares of the Manager which provides management services to The Link REIT. The Trustee is also owner of all the shares of The Link REIT’s special purpose companies, namely, The Link Holdings Limited, The Link Properties Limited, The Link Finance Limited, The Link Finance (Cayman) 2006 Limited and The Link Finance (Cayman) 2009 Limited. All these shares of the Manager and the special purpose companies are held by the Trustee in trust for the benefit of the unitholders of The Link REIT.
Notes:
The Link Finance Limited, The Link Finance (Cayman) 2006 Limited and The Link Finance (Cayman) 2009 Limited are companies established for arranging financing for The Link REIT.
The Link Properties Limited is the legal and/or beneficial owner of the properties of The Link REIT.
The Link Management Limited is the internal Manager of the The Link REIT.
What does The Link REIT offer investors?
Certainty as to business focus;
A current policy to distribute 100% of total distributable income for each financial year;
Financial and operating transparency;
A statutory and regulatory compliance requirement and an established internal corporate governance framework led by the Board comprising of a majority of independent non-executive directors; and
Enhanced liquidity in comparison to direct investments in real estate
