Added to YB: 2026-05-26
Pitch date: 2026-05-24
0823.HK [neutral]
Link Real Estate Investment Trust
Author Info
Farrer 36 is an asset manager based out of Singapore that focuses on long-only equity strategies. Sign up for the newsletter.
Company Info
Link Real Estate Investment Trust (Link REIT) is the largest REIT in Asia by many measures including asset value.
Market Cap
N/A
Pitch Price
N/A
Price Target
N/A
Dividend
6.46%
EV/EBITDA
N/A
P/E
-15.54
EV/Sales
N/A
Sector
Retail REITs
Category
value
(Non) Semi-Baked Ideas - Link REIT
0823.HK (quick overview): Asia's largest REIT at 35% NAV discount ($61.19 vs $40). HK retail -7.5% rental reversion 9MFY26, China worse, but tenant sales bottoming; Singapore strong. Catalysts: Southbound Connect inclusion (re-rating trigger), asset sales (Thompson Plaza, 100 Market St, 25 Cabot Sq) = HK$2.6/sh or 6.5% yield. 6.6% annual div yield while waiting.
Read full article (1 min)