Link Real Estate Investment Trust (HKG:0823)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
37.44
-0.38 (-1.00%)
Jul 10, 2026, 4:08 PM HKT
Market Cap97.22B -10.8%
Revenue (ttm)14.13B +2.3%
Net Income-7.40B
EPS-2.86
Shares Out 2.60B
PE Ration/a
Forward PE15.05
Dividend2.54 (6.77%)
Ex-Dividend DateJun 11, 2026
Volume9,884,422
Open37.62
Previous Close37.82
Day's Range37.30 - 38.24
52-Week Range34.12 - 45.05
Beta0.87
AnalystsStrong Buy
Price Target45.23 (+20.81%)
Earnings DateAug 20, 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]

Industry REIT - Retail
Founded 2005
Employees 1,441
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 0823
Full Company Profile

Financial Performance

In fiscal year 2026, HKG:0823's revenue was 14.13 billion, an increase of 2.33% compared to the previous year's 13.80 billion. Losses were -7.40 billion, -16.54% less than in 2025.

Financial Statements

Analyst Summary

According to 15 analysts, the average rating for 0823 stock is "Strong Buy." The 12-month stock price target is $45.23, which is an increase of 20.81% from the latest price.

Price Target
$45.23
(20.81% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Link Real Estate Investment Trust Earnings Call Transcript: H2 2026

Net property income declined 3.7% year-over-year due to negative rental reversions in Hong Kong and Chinese mainland, but cost optimization and portfolio streamlining helped limit the distributable per unit decline to 6.4%. International assets performed strongly, and proceeds from non-core asset sales will fund share buybacks to support returns.

6 weeks ago - Transcripts

Link Real Estate Investment Trust Earnings release: H2 2026

Link Real Estate Investment Trust released its H2 2026 earnings on May 28, 2026, summarizing the period's financial results.

6 weeks ago - Filings

Link Real Estate Investment Trust Slides: H2 2026

Link Real Estate Investment Trust has posted slides in relation to its H2 2026 quarterly earnings report, which was published on May 28, 2026.

6 weeks ago - Filings

Link Real Estate Investment Trust Annual report: H2 2026

Link Real Estate Investment Trust has published its H2 2026 annual report on May 28, 2026.

6 weeks ago - Filings

Link REIT downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs downgraded Link REIT (LKREF) to Neutral from Buy with a price target of HK$41.30, down from HK$48.40, citing a more cautious view on Hong Kong’s retail rental market,…

5 months ago - TheFly

Link Real Estate Investment Trust Earnings Call Transcript: H1 2026

Net property income and distribution per unit declined year-over-year due to negative rental reversions in Hong Kong and China, but international assets in Australia and Singapore delivered strong growth. Operational efficiency initiatives are on track to save over HKD 200 million annually, and the balance sheet remains robust with low gearing and strong credit ratings.

8 months ago - Transcripts

Link Real Estate Investment Trust Quarterly report: H1 2026

Link Real Estate Investment Trust has published its H1 2026 quarterly earnings report on November 19, 2025.

8 months ago - Filings

Link Real Estate Investment Trust Earnings release: H1 2026

Link Real Estate Investment Trust released its H1 2026 earnings on November 19, 2025, summarizing the period's financial results.

8 months ago - Filings

Link Real Estate Investment Trust Slides: H1 2026

Link Real Estate Investment Trust has posted slides in relation to its H1 2026 quarterly earnings report, which was published on November 19, 2025.

8 months ago - Filings