Link Real Estate Investment Trust (HKG:0823)
Hong Kong · Delayed Price · Currency is HKD | Market Cap | 98.51B -6.9% |
| Revenue (ttm) | 14.13B +2.3% |
| Net Income | -7.40B |
| EPS | -2.86 |
| Shares Out | 2.59B |
| PE Ratio | n/a |
| Forward PE | 15.25 |
| Dividend | 2.54 (6.67%) |
| Ex-Dividend Date | Jun 11, 2026 |
| Volume | 6,028,660 |
| Open | 38.28 |
| Previous Close | 38.12 |
| Day's Range | 37.86 - 38.30 |
| 52-Week Range | 34.12 - 42.48 |
| Beta | 0.86 |
| Analysts | Strong Buy |
| Price Target | 45.47 (+19.66%) |
| Est. Earnings | Nov 6, 2026 |
About HKG:0823
Link Real Estate Investment Trust (Link REIT) is the largest REIT in Asia by asset value, with a diversified portfolio including 140 retail, car parks and related assets, 9 offices and 6 logistics assets spanning Hong Kong, Chinese Mainland, Australia, Singapore and the UK. Link Real Estate Investment Trust was incorporated in 2005 in Hong Kong. [Read more]
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 StatementsAnalyst Summary
According to 16 analysts, the average rating for 0823 stock is "Strong Buy." The 12-month stock price target is $45.47, which is an increase of 19.66% from the latest price.
News
Link Real Estate Investment Trust Earnings Call Transcript: Q1 2027
Q1 operations were steady, with high occupancy and stabilizing Hong Kong spot rents, while mainland retail remained pressured. Management maintained stable DPU guidance and is recycling asset-sale proceeds into buybacks, with cost savings on track.
Link Real Estate Investment Trust Slides: Q1 2027
Link Real Estate Investment Trust has posted slides in relation to its Q1 2027 quarterly earnings report, which was published on September 7, 2026.
Link Real Estate Investment Trust Transcript: Investor update
Neil Slater has been appointed CEO following a global search, with no change to the retail-focused APAC strategy. Compensation and KPIs remain aligned with shareholder interests, and ongoing asset sales and reinvestment will continue. No major organizational or strategic shifts are planned.
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.
Link Real Estate Investment Trust Earnings release: H2 2026
Link Real Estate Investment Trust released its H2 2026 earnings on May 27, 2026, summarizing the period's financial results.
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 27, 2026.
Link Real Estate Investment Trust Annual report: H2 2026
Link Real Estate Investment Trust has published its H2 2026 annual report on May 27, 2026.
Link Real Estate Investment Trust Earnings Call Transcript: Q3 2026
Portfolio value declined slightly to HKD 223 billion, with core retail and car park assets remaining resilient. Hong Kong rental reversions stay negative, but international assets perform strongly. Focus remains on cost optimization, capital recycling, and maintaining high occupancy.
Link Real Estate Investment Trust Slides: Q3 2026
Link Real Estate Investment Trust has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on March 15, 2026.
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,…
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.
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.
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.
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.