Our website uses cookies to enhance your user experience. By continuing your visit, you agree to this use of cookies. Please refer to our Privacy Policy for more information.

Continue
Business Investor Relations Sustainability
EN
EN 繁 简
Search
Contact Us Related Websites
Home
  • About Us
    • Vision and Purpose
    • Leadership
      • Board of Directors
      • Senior Management
    • Milestones
    • About the Manager
  • Business
    • Asset Management
    • Portfolio Management
    • Properties
  • Investor Relations
    • Financial Reports and Presentations
      • Financial Reports
      • Presentations
    • Regulatory Disclosure
      • Announcements
      • Circulars
      • Relevant Investments
      • Disclosure of Interests
    • Unitholder Information
      • Stock Information
      • Distribution
      • Investors' Calendar
      • General Meeting
      • Rights Issue
    • Financial Data
      • Financial Highlights
      • Credit Ratings
    • Investor Communications
      • Analyst Coverage
      • Awards and Recognitions
      • Index Membership
      • Investors’ FAQ
      • INTERLink Newsletter
      • IR Events
      • Letter to Investors
  • Governance
    • Corporate Governance
    • Risk Management
    • Unitholder Communications
  • Sustainability
    • Sustainability Strategy and Goals
    • Sustainability Governance
      • Sustainability Governance Structure
      • Materiality and Risk Assessment
      • Material ESG KPIs
      • Stakeholder Engagement
      • Sustainability Policies
      • Sustainable Finance
      • Responsible Investment
    • Environment
      • Decarbonisation
      • Climate Resilience and Adaptation
      • Green Buildings
      • Resource Management
        • Energy Efficiency
        • Waste Management
        • Water Management
        • Biodiversity
    • Social
      • Talent Management
      • Tenant Engagement
      • Supply Chain
      • Community
      • Occupational Health, Safety and Wellbeing
      • Diversity and Inclusion
      • Innovation
    • Performance and Reporting
      • Ratings and Indices
      • Awards and Recognitions
      • Signatories and Initiatives
    • ESG Insights and Collaboration
    • Link Sustainability Lab
  • Community
    • Link Together Initiatives
      • Community Projects
      • Link 20th Anniversary Outstanding Students Scholarship
      • Link University Scholarship
    • Creating Social Hubs
      • Placemaking
      • Happenings
        • “From the Bund to the Harbour: Canton-Hong Kong Reconnected” Exhibition
        • Tour de Link
        • Bless HK Lantern Festival
    • Channel 823
  • Media
    • News Releases
    • Link Perspectives
    • Gallery
  • Careers
    • All Opportunities
    • Management Associate Programme
    • Summer Internship Programme
  • Related Websites
    • Link Asset Management Limited
    • Hong Kong Customer Website
    • Mainland China Customer Website
    • Singapore Customer Website
    • Fresh Market Revival
    • Hong Kong REITS Association Limited
Back

What's hot

Financial Report Distribution Sustainability Link Together Initiatives
Home Media News Releases First expansion into mainland China with acquisition of Beijing’s EC Mall for RMB 2,500 Million
Share
03-facebook 02-twitter logo-linkedin 09-link

EC Mall (Exterior)

EC Mall (Interior)

The Link Management Limited, as Manager of The Link Real Estate Investment Trust (“The Link REIT”) (Hong Kong stock code: 823), is pleased to announce the successful acquisition of the EC Mall in Beijing for RMB 2,500 million. This transaction marks the company’s first Mainland China investment acquisition, signifying an important move in the company’s business diversification.
 
George Hongchoy, Chief Executive Officer of The Link Management Limited, said, “We are delighted to have secured our first investment project in Mainland China. The acquisition marks our first step towards entering into a new geographical market for business. The EC Mall contributes to our strategy of long-term investment in real estate assets that are sustainable, income producing properties. With this investment, we continue to build long-term income and capital growth, while maintaining a large and diversified portfolio of real estate in Hong Kong and other jurisdictions, including Mainland China.”
 
Describing the property’s potential, George said, “The acquisition is a solid long-term investment opportunity to grow our property portfolio and bring potential valuable returns to our Unitholders. The residents of Haidian District have the highest per capita disposable income in Beijing and consumer retail sales in the district rank the second highest amongst the Beijing districts. The mall is well positioned to capitalise on the growing spending power of local residents of Zhongguancun and the greater Haidian District. We believe that the company will benefit from the anticipated growth in both rental and value of the property.”
 
EC Mall is one of Beijing’s most reputable prime retail shopping centres. Located in China’s “Silicon Valley” of Zhongguancun in the Haidian District, the mall receives an annual footfall of over eight million visitors. It benefits from the close proximity to the nation’s top universities, science academies and research institutions as well as the convenient surrounding traffic network. With a total gross floor area of over 70,000 square metres, the mall comprises seven floors of retail space housing a dynamic mix of tenants including fast-fashion, food and beverage, lifestyle, health and beauty, education and sportswear. International brands such as Nike, innisfree, H&M, UNIQLO, SEPHORA and Zara offer visitors a unique shopping experience. EC Mall was opened in 2009. It currently enjoys an occupancy rate of approximately 99%.
 
EC Mall website: www.ecmall.com.cn

Fact Sheet

 

LinkREIT
Home About Us Business Investor Relations Governance
Sustainability Community Media Careers
Sitemap Contact Us Accessibility Statement Privacy Policy Statement Terms of Use and Disclaimer Personal Information Collection Statement
linkedin twitter facebook instagram youtube Weibo Weixin QrCode wechat
Sitemap Contact Us Accessibility Statement Privacy Policy Statement Terms of Use and Disclaimer Personal Information Collection Statement
© Copyright Link Asset Management Limited. All rights reserved.
Caring Company 15 year+
Information
Corporate Profile Financial Reports News Releases​ Job Openings
Contact Us
Text Size