Link REIT Reports Higher DPU In Q1 2021 June 18, 2021 – Link REIT reported a 289.99 cents distribution per unit (DPU) for the period ending March 2021, up 1% from the 287.19 cents in the same period last year. “I am pleased to report a year of positive results in the face of adversity …
Link REIT Acquires Mall in Guangzhou, China June 7, 2021 – Link REIT announced that it has acquired Happy Valley Shopping Mall in Tianhe, Guangzhou, China. This is the REIT’s 7th investment in Mainland China and the second in Guangzhou. Link REIT said the agreed property value of the mall is at 3.2 billion RMB …
Hong Kong Starts REIT Subsidy Plan To Make Up For Lost Decade As Rival Markets Flourish From Singapore To Japan (South China Morning Post) May 17, 2021 – Hong Kong is trying to make up for a lost decade with incentives to promote the city as a hub for real estate investment trusts (Reits), after a …
S.F. Holding’s REIT Raises US$334 M After Pricing Hong Kong IPO Above Midpoint (South China Morning Post) May 13, 2021- S.F. Holding’s real estate investment trust has set the final offer price at HK$4.98 per unit, enabling the largest listed courier provider in China to raise about HK$2.6 billion (US$334.7 million) from its Hong Kong …
Major Asian REIT Targets Premium Australian Real Estate (Australian Financial Review) March 31, 2021 – Link REIT, which paid almost $700 million for a Sydney office building in late 2019, is back on the hunt for premium investment-grade Australian properties after signing an open-ended mandate with fund manager EG. It is part of geographic diversification …
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Link REIT Announces Acquisition of 50% Interest in Shanghai Property February 26, 2021 – Link REIT announced that it has acquired a 50% equity interest in Qibao Vanke Plaza for a consideration of RMB 2.78 billion (US$428.6 million). This is Link REIT’s sixth investment in mainland China and its first retail property investment in Shanghai. …
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Link Acquires 50% Interest In Shanghai Qibao Vanke Plaza February 25, 2021- Link Asset Management Limited (Link), the manager of Link Real Estate Investment Trust (Link REIT, Hong Kong stock code: 823) announced today (Wednesday) that it has agreed to acquire 50% interest in Shanghai Qibao Vanke Plaza in Shanghai for RMB2,772 million. It is …
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Sunlight REIT Announced 8.6% Year-on-Year Revenue Decline For The Six Months Ended December 2020 February 5, 2021- Reflecting the unfavourable operating environment attributable to the pandemic outbreak, Sunlight REIT recorded an 8.6% year-on-year decline in revenue to HK$399.5 million for the Reporting Period. The decrease in revenue would have been 6.9% had the amortized impact …
Link REIT Secures Its First Sterling-Denominated Sustainability-Linked Loans January 15, 2021 – Link Real Estate Investment Trust announced that it has converted two five-year loans totalling £200 million (US$273.6 million) signed with BNP Paribas and DBS Bank (DBS) respectively in August last year to sustainability-linked loans. This marks Link REIT’s first sustainability-linked loan denominated in …
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JLL Appoints Anny Zhang As Managing Director For East China December 9 – JLL has appointed Anny Zhang to succeed Eddie Ng as the incoming Managing Director for East China, effective 1 January 2021, the real estate firm said in a news release. In addition to her current responsibility as Head of Office Leasing for …
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