Link Reit

Investors in Singapore Reits will benefit from having a choice of internal and external managed trusts.
THE LEVEL GROUND

The internal management model’s uphill task in gaining traction among Singapore Reits

Lack of size confronts Sabana Reit’s new internalised manager 

CapitaLand Integrated Commercial Trust has ridden a wave of investor interest this year amid expectations that interest rates have peaked.

CICT overtakes Hong Kong’s Link Reit to become Asia’s largest real estate investment trust

A main factor behind this is the strength of the Singapore dollar, which has gained 5.7% against the greenback so far this year

Prior to joining Link, Hongchoy was the managing director and head of DBS Asia Capital.

Link CEO George Hongchoy to retire after 16 years at company

He plans to step down before June 2026; Link is the largest Reit in Asia and manages a HK$226 billion portfolio

Link announced in recent months that it would expand its business into fund management by working with capital partners.

Link Reit is said to weigh Singapore IPO of non-HK, China assets

A listing would come at a time when Link seeks to diversify from property management

Singapore could be a good listing venue for Link Reit's Australia, Singapore and UK properties.
HOCK LOCK SIEW

Hong Kong’s Link Reit should consider listing a Singapore-centric Reit on SGX

This might allow it to achieve a better trading multiple and grow its fund management business

Cross-border travel from Hong Kong has dominated local headlines in the past year, as residents travel to Guangdong province for leisure, dental and bulk grocery shopping.

Asia’s largest reit calls for Hong Kong to resume multi-entry visas from Shenzhen

ASIA’S largest commercial real estate investment trust said Hong Kong authorities should resume issuing multi-entry permits for Shenzhen visitors to boost retail spending.

Saunders was most recently the head of Asia-Pacific real estate and global head of the real estate client business at BlackRock, the world’s largest asset manager. 

Link Reit appoints ex-BlackRock executive as group chief investment officer

LINK Real Estate Investment Trust’s (Reit) manager has appointed John Saunders as group chief investment officer with effect from Mar 4, 2024.

ESR-Logos Reit’s equity fundraising will help de-risk its balance sheet and position it for potential accretive acquisitions.
HOCK LOCK SIEW

Investors may need deeper pockets as Reits raise cash for expansion

IT IS not an easy time to be a real estate investment trust (Reit) manager. It could soon become just as difficult for Reit investors, particularly those without cash to spare.

Link Reit has properties including shopping centres and office buildings in Hong Kong, mainland Chinese cities, Melbourne, Sydney and London.

Link Reit plans HK$19.3 billion rights offering to expand war chest

Link Reit, one of Asia’s largest real estate investment trusts by market value, is planning a HK$19.3 billion (S$3.3 billion) rights offering to bankroll expansions.