About Us | Link

Resilience, Strength, Scale
Your Trusted Partner in APAC

Link Real Estate Investment Trust (Link REIT) is the largest REIT in Asia by many measures including asset value. Managed by Link Asset Management Limited (Link), a leading, independent and fully-integrated real estate investor and manager focusing on the APAC region, Link REIT has been entirely owned by independent investors since its listing in November 2005 as the first REIT in Hong Kong.

After initially acquiring a portfolio of shopping centres and car parks in Hong Kong valued at around HK$33 billion at the time of its IPO, Link has grown and diversified the Link REIT’s property portfolio. Today, the portfolio includes retail facilities, car parks, offices, and logistics assets which span Hong Kong, Mainland China, Australia, Singapore, and the UK, with a total valuation of around HK$237 billion (As at 30 September 2024). Link aims to further grow and diversify the Link REIT portfolio to continue delivering resilient returns and growth to Unitholders.

Link REIT is a constituent of the Hong Kong securities market benchmark Hang Seng Index, as well as a component of the Dow Jones Sustainability Asia Pacific Index, the FTSE4Good Index Series and the Hang Seng Corporate Sustainability Index.

Asset management, portfolio management and capital management are three pillars of our management strengths. We are committed to integrating Environment, Social and Governance (ESG) considerations into our strategy and daily operations.

Our Growth and Transformation Journey

Building Three Core Competences

Portfolio Diversification and Optimisation

New Phase of Sustainable Growth

We focused on building up our core competences in asset management, capital management and portfolio management. Asset enhancement was the most important topic we had to address following our listing in 2005 as we aimed to provide high-quality public spaces and to better serve the Hong Kong community. We initiated a series of asset enhancement initiatives, including placemaking, thematic makeover, as well as improvement in shopping experience, accessibility and tenant mix, supported by extensive market research and agile management. As a result, shoppers in our neighbourhood had more affordable choices of products and services and tenants saw their sales increase.

Approaching the 10th anniversary of Link REIT’s listing, we incrementally diversified our asset class exposure across multiple markets including Mainland China and overseas to ensure there were drivers for future growth. We broadened our investment models to include joint ventures, minority ownership and development projects.

We also initiated the capital recycling and reallocation programme to ensure our portfolio quality and maintain a robust capital structure.

The approach that shaped Link REIT’s success in the past will need to evolve to ensure success in the coming decades. Link REIT is not an ordinary REIT and, with our integrated operating model and proven track record, it can offer more as a ‘REIT plus’ that not only delivers consistent and stable returns to unitholders, but also growth and resilience in different economic cycles across the long term.

Under Link 3.0 Strategy, we have identified two key drivers. First, active management and further diversification of Link REIT Portfolio will enhance resilience and realise a balanced exposure across key APAC markets. Second, expanding investment management capabilities and skillset across our target APAC markets in (i) asset and property management and (ii) fund management. The Link REIT portfolio will benefit from the expansion of our investment management capabilities.

Our milestones

Link is a sizable and independent real estate investor and manager, a rarity in Asia. We are managed by a team of professionals, with the goal of promoting long-term success and delivering sustainable values to stakeholders. We provide insights into the opportunities presented by the real estate market for investors who are looking to capitalise on growth in the region.

Vision and Purpose

Leadership

What Makes Us Different

Proven Track Record in Asset Enhancement

Link has excellent track record and on-the-ground experience as a portfolio manager across geographies and asset classes. That give us unique advantages in identifying opportunities in different aspects of real estate.

Sustainability at the Core

We leverage our vast portfolio to find the most impactful ways to achieve sustainability goals. We have a track record of asset enhancement, investment, and financing to meet rising ESG standards.

Robust Corporate Governance

Link is led by a strong and independent board, together with a host of corporate governance and risk management measures, providing a robust check and balance system.