Report
Phillip Zhong
EUR 101.80 For Business Accounts Only

Link is engaging in consolidation and repositioning in Hong Kong and beyond.

Link REIT reported fiscal 2017 results with distributable amount of HKD 5.1 billion, up 10% year on year. Without the discretionary distribution, the distributable income was HKD 4.99 billion, in line with our estimate of HKD 4.97 billion. Revenue and net property income were up 6% and 7% year on year, respectively, the same as our estimates. Full-year distributions per unit totaled HKD 2.2841, up 11% year on year. As core earnings and distributable income are in line, we maintain our fair value...
Underlying
Link Real Estate Investment Trust

Link Real Estate Investment Trust is a collective investment scheme constituted as a unit trust that invests primarily in retail and carpark operations.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Phillip Zhong

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