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.
We remain committed to pursuing sustainable growth.
In addition to our continuous effort to drive organic growth through active asset management, we aim to optimise our portfolio and diversify our source of income. We will actively consider accretive investments and asset recycling. We also plan to introduce an asset-lighter approach by working with capital partners to grow our assets under management and management fee income.
We aim to focus on the Asia Pacific region and explore opportunities across multiple asset classes. We will continue to manage our cost of funding and financial risks through prudent capital management, as well as to uphold our ESG and sustainability stewardship. In our growth journey, we will further expand our capabilities and aspire to become a “Trusted Partner in APAC Real Estate”.