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Link REIT Expands Support Scheme For Tenants Impacted By COVID-19 To HK$300 M (US$38.7 M)

April 13, 2020- Link Asset Management Limited (Link), the manager of Link Real Estate Investment Trust, announced today (Friday) that the company is expanding the size of its support scheme for its tenants in Hong Kong (the Support Scheme) to $300 million to alleviate operating pressures brought on by the coronavirus pandemic.

Link established an $80 million Support Scheme in mid February. Link’s Chief Executive Officer George Hongchoy said, “We have been working closely with our tenants to offer support during these difficult times and we understand the prolonged impact from the coronavirus has resulted in a greater need for relief measures.”

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