info: address1: 20/F., Tower 1, The Quayside, address2: 77 Hoi Bun Road, Kwun Tong city: Kowloon City country: Hong Kong phone: 852 2175 1800 fax: 852 2175 1938 website: https://www.linkreit.com industry: REIT - Retail industryKey: reit-retail industryDisp: REIT - Retail sector: Real Estate sectorKey: real-estate sectorDisp: Real Estate longBusinessSummary: Link Real Estate Investment Trust (Link REIT) is the largest REIT in Asia by many measures including asset value. Managed by Link Asset Management Limited (Link), a leading, independent and fully-integrated real estate investor and manager focusing on the APAC region, Link REIT has been entirely owned by independent investors since its listing in November 2005 as the first REIT in Hong Kong. After initially acquiring a portfolio of shopping centres and car parks in Hong Kong valued at around HK$33 billion at the time of its IPO, Link has grown and diversified the Link REIT's property portfolio. Today, the portfolio includes retail facilities, car parks, offices, and logistics assets which span Hong Kong, Mainland China, Australia, Singapore, and the UK, with a total valuation of around HK$226 billion (As at 31 March 2025). Link aims to further grow and diversify the Link REIT portfolio to continue delivering resilient returns and growth to Unitholders. Link REIT 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. Asset management, portfolio management and capital management are three pillars of our management strengths. We are committed to integrating Environment, Social and Governance (ESG) considerations into our strategy and daily operations. fullTimeEmployees: 1441 companyOfficers: - maxAge: 1 name: Mr. Kok Siong Ng age: 54 title: Group CFO & Executive Director yearBorn: 1971 fiscalYear: 2025 totalPay: 16134000 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Mr. Tai Lun Wong age: 55 title: Group Chief Legal Officer yearBorn: 1970 fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Mr. Seng Yum Tham age: 55 title: Chief Corporate Development Officer of Link Asset Management Limited yearBorn: 1970 fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Mr. John Nolan age: 58 title: Group Chief People and Organization Officer yearBorn: 1967 fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Mr. Man Keung Ng age: 53 title: Group Managing Director of Finance yearBorn: 1972 fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Mr. Emmanuel Regis Farcis age: 53 title: Group Managing Director of Asset Management yearBorn: 1972 fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Mr. Yip Sang Fok age: 58 title: Managing Director of Leasing (HK) of Link Asset Management Limited yearBorn: 1967 fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Mr. Hon Keung Wong age: 60 title: Managing Director of Project & Engineering (HK) of Link Asset Management Limited yearBorn: 1965 fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Ms. Kuen Kuen Chan age: 56 title: Managing Director of Corporate Affairs of Link Asset Management Limited yearBorn: 1969 fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 - maxAge: 1 name: Patty Wu title: Head of Internal Audit & Risk Management fiscalYear: 2025 exercisedValue: 0 unexercisedValue: 0 auditRisk: 1 boardRisk: 1 compensationRisk: 8 shareHolderRightsRisk: 1 overallRisk: 1 governanceEpochDate: 1768176000 compensationAsOfEpochDate: 1767139200 executiveTeam: [] maxAge: 86400 priceHint: 3 previousClose: 35.4 open: 35.5 dayLow: 35.32 dayHigh: 35.54 regularMarketPreviousClose: 35.4 regularMarketOpen: 35.5 regularMarketDayLow: 35.3 regularMarketDayHigh: 35.54 dividendRate: 2.64 dividendYield: 7.45 exDividendDate: 1764633600 payoutRatio: 0.42349997 fiveYearAvgDividendYield: 5.97 beta: 0.855 forwardPE: 13.939582 volume: 7727814 regularMarketVolume: 7813214 averageVolume: 12403721 averageVolume10days: 12368556 averageDailyVolume10Day: 12368556 bid: 35.48 ask: 35.5 bidSize: 0 askSize: 0 marketCap: 92210356224 fiftyTwoWeekLow: 31.25 fiftyTwoWeekHigh: 45.05 allTimeHigh: 96.98609 allTimeLow: 10.392921 priceToSalesTrailing12Months: 6.5170937 fiftyDayAverage: 35.7312 twoHundredDayAverage: 39.6626 trailingAnnualDividendRate: 2.643 trailingAnnualDividendYield: 0.07466101 currency: HKD tradeable: false enterpriseValue: 145388158976 profitMargins: -0.48009998 floatShares: 2585253925 sharesOutstanding: 2598939023 heldPercentInsiders: 0.00078 heldPercentInstitutions: 0.34008998 impliedSharesOutstanding: 2598939023 bookValue: 61.186 priceToBook: 0.5798712 lastFiscalYearEnd: 1743379200 nextFiscalYearEnd: 1774915200 mostRecentQuarter: 1759190400 netIncomeToCommon: -6792999936 trailingEps: -2.63 forwardEps: 2.54527 lastSplitFactor: 1.02483:1 lastSplitDate: 1276560000 enterpriseToRevenue: 10.276 enterpriseToEbitda: 15.082 52WeekChange: 0.108749986 SandP52WeekChange: 0.15024745 lastDividendValue: 1.2688 lastDividendDate: 1764633600 quoteType: EQUITY currentPrice: 35.48 targetHighPrice: 51.0 targetLowPrice: 36.0 targetMeanPrice: 43.406 targetMedianPrice: 43.0 recommendationMean: 1.8 recommendationKey: buy numberOfAnalystOpinions: 15 totalCash: 3432000000 totalCashPerShare: 1.326 ebitda: 9639999488 totalDebt: 57209999360 quickRatio: 0.36 currentRatio: 0.41 totalRevenue: 14149000192 debtToEquity: 36.181 revenuePerShare: 5.481 returnOnAssets: 0.02558 returnOnEquity: -0.043509997 grossProfits: 10771999744 freeCashflow: 8006499840 operatingCashflow: 8860000256 revenueGrowth: 0.051 grossMargins: 0.76133 ebitdaMargins: 0.68132 operatingMargins: 0.67346 financialCurrency: HKD symbol: 0823.HK language: en-US region: US typeDisp: Equity quoteSourceName: Delayed Quote triggerable: false customPriceAlertConfidence: LOW marketState: CLOSED corporateActions: [] regularMarketTime: 1769155706 exchange: HKG messageBoardId: finmb_12786660 exchangeTimezoneName: Asia/Hong_Kong exchangeTimezoneShortName: HKT gmtOffSetMilliseconds: 28800000 market: hk_market esgPopulated: false regularMarketChangePercent: 0.2259831 regularMarketPrice: 35.48 shortName: LINK REIT longName: Link Real Estate Investment Trust hasPrePostMarketData: false firstTradeDateMilliseconds: 1193794200000 regularMarketChange: 0.07999802 regularMarketDayRange: 35.3 - 35.54 fullExchangeName: HKSE averageDailyVolume3Month: 12403721 fiftyTwoWeekLowChange: 4.2299995 fiftyTwoWeekLowChangePercent: 0.13535999 fiftyTwoWeekRange: 31.25 - 45.05 fiftyTwoWeekHighChange: -9.57 fiftyTwoWeekHighChangePercent: -0.21243063 fiftyTwoWeekChangePercent: 10.874998 earningsTimestamp: 1763626200 earningsTimestampStart: 1763626200 earningsTimestampEnd: 1763626200 earningsCallTimestampStart: 1748343540 earningsCallTimestampEnd: 1748343540 isEarningsDateEstimate: false epsTrailingTwelveMonths: -2.63 epsForward: 2.54527 epsCurrentYear: 2.552 priceEpsCurrentYear: 13.902821 fiftyDayAverageChange: -0.25120163 fiftyDayAverageChangePercent: -0.0070303157 twoHundredDayAverageChange: -4.182602 twoHundredDayAverageChangePercent: -0.10545456 sourceInterval: 15 exchangeDataDelayedBy: 15 averageAnalystRating: 1.8 - Buy cryptoTradeable: false trailingPegRatio: null fast_info: currency: HKD dayHigh: 35.540000915527344 dayLow: 35.29999923706055 exchange: HKG fiftyDayAverage: 36.017200012207034 lastPrice: 35.47999954223633 lastVolume: 7795514 marketCap: 92210355346.34013 open: 35.5 previousClose: 35.400001525878906 quoteType: EQUITY regularMarketPreviousClose: 35.400001525878906 shares: 2598939023 tenDayAverageVolume: 12368556 threeMonthAverageVolume: 12304531 timezone: Asia/Hong_Kong twoHundredDayAverage: 39.63054998397827 yearChange: 0.10874998569488525 yearHigh: 45.04999923706055 yearLow: 31.25 calendar: Ex-Dividend Date: 2025-12-02 Earnings Date: - '2025-11-20T00:00:00' Earnings High: null Earnings Low: null Earnings Average: null Revenue High: null Revenue Low: null Revenue Average: null