Link Asset Management Limited (Link) hosted three tea gathering workshops at its Lok Fu Place, Temple Mall and Wo Che Plaza malls to help prepare tenants for the upcoming single-use plastic tableware ban that takes effect in Hong Kong on 22 April 2024.

The workshops were arranged to educate, share knowledge and showcase best practices on waste reduction while updating F&B tenants on what they need to do to comply with the new regulations from the government.

Link also used the tea gatherings to introduce tenants to Vegware, H-square and Ecoinno, three leading sustainable packaging suppliers vetted by the Environmental Protection Department. Tenants who placed orders from the suppliers were also given a one-time discount by Link to encourage them to adopt sustainable packaging earlier.

“The tea gatherings were useful, educational and helpful because they provided valuable information on the new regulations in a clear and understandable manner,” said Wong Chun-yeung, a Lok Fu Place tenant who runs two F&B outlets at Lok Fu Place including Hung Sing (Chiu Chow) Restaurant. “Understanding the new regulation will lead to changes in our behaviour and operations.”

Link also reminded tenants of its new recycling stations across its various malls that were piloted last year to encourage everyone to do their part to reduce overall waste disposal, protect the environment, and create a more sustainable culture across the city in anticipation of the upcoming Municipal Solid Waste Charging Scheme.

“The tea gatherings helped my team and I prepare earlier for the new regulation,” said Lui Sing-fai who runs Sky Nest Shanghai Cuisine in Wo Che Plaza. “In the long run the regulation will significantly reduce negative impact on the environment and encourage the public to have a more sustainable mindset and attitude.”

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About Link

Link Real Estate Investment Trust (Hong Kong stock code: 823) is the largest REIT in Asia by market capitalisation. It is managed by Link Asset Management Limited, a leading real estate investor and asset manager in the world. Since its listing in 2005 as the first REIT in Hong Kong, Link REIT has been 100% held by public and institutional investors. It 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. From its home in Hong Kong, Link Asset Management Limited owns and manages a diversified portfolio including retail facilities, car parks, offices and logistics assets spanning from China’s Beijing, Greater Bay Area (Hong Kong, Guangzhou and Shenzhen), and Yangtze River Delta centred around Shanghai, to Singapore, Australia’s Sydney and Melbourne and the UK’s London. Link Asset Management Limited seeks to extend its portfolio growth trajectory and grasp expansion opportunities in different markets in pursuit of sustainable growth.

For more information, please visit: https://www.linkreit.com.