The Business Times
Global Enterprise logo
BROUGHT TO YOU BYStandard Charted Logo
SUBSCRIBERS

Hong Kong’s new Reits association to lure foreign investment, attract new listings

Shu-Ching Jean Chen
Published Fri, Sep 9, 2022 · 05:50 AM

AT first glance, Hong Kong - a city best known for its concrete canyons and modernist skyscrapers - would seem to be an ideal home for a real estate investment trust (REIT), which bundles properties together as an investment fund, sold through a public listing. 

But sky-high property prices have stymied this approach, as property owners and public investors can readily find better returns without going through an investment trust. This is about to change soon. Three of the industry’s top executives formed a new association recently, called the Hong Kong REITS Association. The trio comprises of George Hongchoy, the CEO of Link REIT, the city’s and Asia’s largest REIT by market capitalisation; Lin Deliang…

A NEWSLETTER FOR YOU
Tuesday, 12 pm
Property Insights

Get an exclusive analysis of real estate and property news in Singapore and beyond.

KEYWORDS IN THIS ARTICLE

READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Global

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here