Rate Of Return
NVIDIA Return RateLink REIT: Strategic Divestments and Capital Optimization
$LINK REIT(00823.HK)
Several major financial institutions have recently issued reports analysing Link REIT’s financial outlook following its latest results. Major analysts generally agree that the company’s performance met expectations, highlighting a stabilization in Hong Kong retail rents and tenant sales. To bolster shareholder value, management intends to engage in capital recycling by divesting non-core assets, such as retail properties in Singapore (e.g. Swing by @ Thompson). The proceeds from these sales are earmarked for share buybacks, a strategy designed to enhance future distributions. Overall, the consensus suggests a positive recovery phase, supported by upcoming leadership changes (new CEO 1Q/2Q27) and proactive cost management.
BofA Securities | Buy | HKD44 -> 46
Citi | Neutral -> Buy | HKD36.8 -> 44.8
UOB Kay Hian | Buy | Up 4% to HKD44.3
Morgan Stanley | Overweight | HKD44
CLSA | Outperform | HKD49.2 -> 48.5
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