Overview
LINK REIT is a real estate investment trust and investor-manager whose portfolio spans retail facilities and malls, car parks, offices and logistics properties. Its principal markets are Hong Kong, Mainland China, Australia, Singapore and the United Kingdom. For the year ended 31 March 2026, it reported revenue of HK$13.938 billion and a portfolio value of HK$216 billion.[1][2]
LINK REIT’s stated vision is to be a world-class real estate investor and manager that serves and improves the lives of people around it; its purpose is to generate lasting commercial and social benefits for generations to come. Listed in November 2005, it was Hong Kong’s first REIT.[3][4] [5][1][2][3][4]
Products & services
LINK REIT’s property offerings comprise retail malls and shopping centres, car parks and related businesses, offices, and logistics assets. Its FY2025/26 portfolio included 140 retail, car park and related-business assets, 9 offices and 6 logistics assets across Hong Kong, the Chinese Mainland, Australia, Singapore and the UK.[1] Examples include Lok Fu Place and T Town, both retail properties with car parks and fresh markets; their internal floor areas are 364,312 sq ft and 207,001 sq ft, respectively.[6][7]
Services include shopping-mall and car-park management, third-party asset and property management, and asset enhancement through upgrades, placemaking, thematic makeovers, tenant-mix changes and improvements to accessibility and the shopping experience.[8][9][10] Link has also described using IoT, AI and big-data analytics for property management, including automated environmental monitoring.[2]
Retail, car parks and related businesses represented 90.4% of portfolio value as at 31 March 2026; this is a share of portfolio value, not revenue or earnings.[2] [8][1][6][7][9][10][2]
Geographic presence
LINK REIT’s portfolio spans Hong Kong, the Chinese Mainland, Australia, Singapore and the UK. As at 31 March 2026, it comprised 155 assets: 140 retail, car-park and related assets, 9 offices and 6 logistics assets.[11]
As at 30 September 2025, Hong Kong retail represented 51.7% of portfolio value, Hong Kong car parks and related business 20.3%, Chinese Mainland retail 10.7%, and Australia and Singapore retail combined 7.7%. Other assets accounted for 9.6%: Australia offices 3.2%, Hong Kong offices 2.4%, Chinese Mainland offices 2.1%, Chinese Mainland logistics 1.0% and UK offices 0.9%. These figures describe portfolio value, not revenue by geography.[12][5][13][14]
The company lists corporate offices in Shanghai, Singapore and Sydney.[15] [12][5][13][14][11][15]
Business segments
For FY2025/26 (year ended 31 March 2026), Link REIT reported revenue by geography: Hong Kong HK$10,110 million (about 72.5% of total), Chinese Mainland HK$1,961 million (14.1%), and Overseas HK$1,867 million (13.4%). Percentages are calculated from reported revenue of HK$13,938 million.[16]
These are geographic revenue categories; available evidence does not establish them as officially named operating segments. The cited results disclosure does not provide segment-specific focus areas or contribution by operating profit or assets, so those are not inferred here.[17] [16][17][16][17]
Company history
LINK REIT was established by the Hong Kong Housing Authority and listed on 25 November 2005 as Hong Kong’s first REIT. Its initial portfolio comprised 180 retail and car-park facilities valued at approximately HK$33.8 billion.[4][18]
In 2014, Link REIT became the first REIT included in the Hang Seng Index and sold several Hong Kong properties as part of a portfolio review.[19][20] It began expanding beyond Hong Kong in 2015, acquiring Beijing’s EC Mall and Shanghai’s Corporate Avenue 1 and 2, followed by Guangzhou’s Metropolitan Plaza in 2017.[21][22][23]
In 2018, Link agreed to sell 12 properties for HK$12.01 billion as it continued to reshape its portfolio.[24] From 2019 onward, it broadened its geographic reach and property mix: it acquired office property in Sydney, entered the UK with The Cabot in 2020, expanded in Australian retail and offices, and entered Singapore through acquisitions announced in 2022 and completed in 2023.[25][26][27][28][29] [4][18][19][20][21][22][23][24][25][26][27][28][29]
Sources
- www.linkreit.com[1]
- www.linkreit.com[2]
- www.linkreit.com[3]
- www.linkreit.com[4]
- LINK REIT — Presentation (2025 Y)
- www.linkreit.com[6]
- www.linkreit.com[7]
- www.linkreit.com[9]
- www.linkreit.com[10]
- www.linkreit.com[11]
- www.linkreit.com[15]
- www1.hkexnews.hk[16]
- www.linkreit.com[17]
- mpapi.linkreit.com[18]
- www.linkreit.com[19]
- www.linkreit.com[20]
- www.linkreit.com[21]
- www.linkreit.com[22]
- www.linkreit.com[23]
- www.linkreit.com[24]
- www.linkreit.com[25]
- www.linkreit.com[26]
- www.linkreit.com[27]
- www.linkreit.com[28]
- www.linkreit.com[29]
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