Link Real Estate Investment Trust (HKG:0823)
Hong Kong
· Delayed Price · Currency is HKD | Market Cap | 101.25B |
| Revenue (ttm) | 14.15B |
| Net Income (ttm) | -6.79B |
| Shares Out | 2.60B |
| EPS (ttm) | -2.63 |
| PE Ratio | n/a |
| Forward PE | 15.50 |
| Dividend | 2.64 (6.80%) |
| Ex-Dividend Date | Dec 2, 2025 |
| Volume | 7,748,102 |
| Average Volume | 8,942,658 |
| Open | 38.60 |
| Previous Close | 38.88 |
| Day's Range | 38.60 - 39.12 |
| 52-Week Range | 34.12 - 45.05 |
| Beta | 0.83 |
| RSI | 63.75 |
| Earnings Date | May 27, 2026 |
About HKG:0823
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 33 billion Hong Kong dollars at the time of its IPO, ... [Read more]
Financial Performance
In fiscal year 2025, HKG:0823's revenue was 13.80 billion, an increase of 6.59% compared to the previous year's 12.95 billion. Losses were -8.86 billion, 346.9% more than in 2024.
Financial StatementsNews
Link Real Estate Investment Trust Earnings Call Transcript: H1 2026
Net property income declined 3.4% and distribution per unit fell 5.9% year-over-year, with Hong Kong and China retail under pressure but international assets showing strong growth. Operational efficiency and cost control initiatives are underway, and the CEO transition is in progress.
Link Real Estate Investment Trust Earnings Call Transcript: H2 2025
Solid results achieved with distributable income up 4.6% and DPU up 3.7% year-over-year, despite asset valuation declines and challenging conditions in Hong Kong and mainland China. Operational efficiency, portfolio diversification, and cost control remain key priorities.
Link Real Estate Investment Trust Transcript: Guidance
Management outlined a shift to quarterly updates, ongoing portfolio diversification, and resilience in APAC markets. Hong Kong faces negative rental reversions, while Singapore and Australia remain strong. Focus remains on tenant retention, cost management, and new fund management initiatives.
Link Real Estate Investment Trust Earnings Call Transcript: H1 2025
Revenue and NPI grew 6.4% and 5.8% year-on-year, driven by acquisitions and strong international performance, while DPU rose 3.7%. Despite macroeconomic uncertainty and retail headwinds, the portfolio remains resilient with high occupancy and disciplined capital management.