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Real EstateHKEXHKD

Link REIT

HK$0012345678900123456789.0012345678900123456789+8.2%
52w low (est.) HK$31.31HK$49.65 52w high (est.)
Peers
Market data
Market cap
HK$97.30B
52-week range
HK$34.12 – HK$45.05
Beta (vs market)
0.86
Sector
Real Estate
Valuation
DCF fair value
HK$57.75
Margin of safety
+46.9%
Forward P/E
14.9x
PEG ratio
12.58
Dividend yield
6.77%
Quality & efficiency
Moat score
48/100
Return on equity
-5.0%
Profit margin
-52.4%
Debt / equity
0.39
Growth & analysts
Revenue growth (YoY)
-0.3%
Analyst target
HK$45.23
Target upside
+15.1%
Analysts covering
16

About Link REIT

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, 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 226 billion Hong Kong dollars (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. Link Real Estate Investment Trust was incorporated in 2005 in Hong Kong.

Valuation

ValueGrowthProfitHealthIncome59QUALITY
Overall Rating
76
Strong Buy
Strong Buy
Moat Score48
DCF Intrinsic Value
HK$57.75+46.9% upside

Moat, DCF and rating computed by our valuation engine (ported from the original Python model).

Fundamentals

Market Cap
HK$97.30B
P/E Ratio
N/A
Dividend Yield
6.77%
Revenue Growth
-0.3%
Profit Margin
-52.4%
ROE
-5.0%
Debt / Equity
0.39
Beta
0.86
Dividend Aristocrats
vs Real Estate sector:Moat 48 vs 0Yield 6.77% vs 0.0%

Statistics

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