We would like to provide some recent updates from Link. Below is a roundup of the latest news, including links to the full articles for more details.
Link officially launched Link Real Estate Partners (LREP, Webpage │ Linkedin ), a new business line which aims to leverage Link’s real estate experience and scale to offer compelling investment strategies serving private institutional capital.
John Saunders, Link’s Group Chief Investment Officer and LREP CEO, was quoted by Mingtiandi that from the perspective of both third party capital and balance sheet expansion, much of Link’s near-term focus is geared towards markets outside Mainland China and Hong Kong. Saunders believed that Link’s prior experience distinguishes it from other first-time fund managers. “The company has operated through the REIT structure and for 19 years has managed other people’s capital via real estate investments.” With US$30 billion in assets under management and investment offices in Hong Kong, Mainland China, Australia and Singapore, Link has already worked with institutional investors and executed major deals across various risk profiles in the region.
He highlighted Link’s commitment to its core strengths as an advantage. “We’re not venturing into credit, infrastructure, or other areas. We’re not a global manager reallocating across multiple sectors. Instead, we have real boots on the ground— five local offices staffed with experienced real estate professionals. This pure focus on Asia-Pacific and on real estate is a significant advantage.”
During Annual Spring Luncheon with 300 guests from more than 100 tenants, Link’s Group CEO George Hongchoy emphasised that while Link’s focus on non-discretionary retail and our operational strength in asset management provide it with some resilience, Link is mindful of the strain on our tenants and the need to support them amid challenges faced by the retail sector.
Greg Chubb, Link’s Chief Operating Officer, believed that the city’s retail sector continues to see sales leakage to both online channels and markets outside of Hong Kong, and face issues such as rising operating costs and labour shortages. Link will continue to engage tenants to support their continued success and tenancy at Link’s properties.
By the end of 2024, Link has accomplished and surpassed its target of building 3,000 public EV charging points at its car parks across Hong Kong, making Link the largest private provider of public EV charging points in the region.