Markets are an indispensable feature of daily life in Hong Kong. The Link REIT’s markets cater for the day-to-day necessities of residents living nearby. Staples such as fresh meat, fresh fish, live poultry and groceries can all be easily found in these markets.
The Link REIT currently leases out markets directly to single operators or individual stall holders. This mixed-leasing strategy will continue depending on the suitability of each market.
In order to improve the traditional image of fresh food markets, The Link REIT has embarked on an environment-enhancement programme that will make its markets cleaner, tidier and better lit.
Tai Yuen Market in Tai Po is the pilot scheme in this programme. Works included the installation of a central air-conditioning system and upgrades to the floors, walls, lighting system and signage. To create a one-stop service for local shoppers, The Link REIT introduced F&B, retail and service outlets as well as entertainment facilities.