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$LINK REIT(00823.HK)
Last week’s US jobs data means the chances of a Fed rate hike have dropped sharply.
That’s exactly what REITs need. I am holding Link REIT because I am convinced it will do very well as interest rates become more supportive.
Do you agree with my thinking? 🤔
$LINK REIT(00823.HK) closed the week at 38.60, at the side-lining level of Apr-May 2026.
The price is now:
1. below the 20MA,
2. below the mid band of the Bollinger band,
3. just supported on the 60MA,
4. above the supertrend dynamic support of 37.488 (p.s. the second image should be HKD and not SGD), and
5. formed lower high and lower low (but not really much).
$LINK REIT(00823.HK)
Anyone buying or holding Link REIT ? Do you know the Asia’s largest REIT now trades at just ~0.68x book value, a steep discount to its NAV of HK$57.75. Its current annual dividend yield at 6.5%. 😍
The current new management is actively recycling capital from non‑core asset sales into a 10% buyback programme. It is directly boosting NAV and DPU over time. It just matter of time the share price will trade higher☺️.
With low gearing of 23.9% and a resilient portfolio, this REITs looks attractive for dividend income investors 🤭 .
Are you on the same boat with me ?
$LINK REIT(00823.HK)
🏢 Link REIT: Putting Capital Discipline To Work 💡
Is Asia’s largest REIT shifting from aggressive expansion to pure value creation?
Their recent moves show a clear “Back-to-Basics” focus: strengthening its balance sheet and delivering more value to unitholders.
📌 1. Capital Recycling: Cutting Overseas Risk
Sold a 50% stake in Sydney’s 100 Market Street for AUD 226 million
✅ Why?
Trims non-core assets in slower global markets to unlock cash — without giving up operational control
🔄 2. Smart Buybacks: Directly Boosts Value
Launched a 10% unit buyback plan with repurchased units cancelled. (approved by shareholders)
✅ The Math: Trading at a ~34% discount to NAV — buying its own units is more accretive to DPU and NAV than buying pricey new properties
📊 3. Backed By Experts & Better Conditions
✅ Top brokers like BofA and Citi name Link as a top defensive pick
✅ Stabilizing Hong Kong residential market = higher retail footfall ahead
💡 Why are they doing it?
Linked REITs is not standing still. It is moving capital out of secondary assets straight into its own undervalued units.
Retail rental pressures remain but this mix of capital recycling, buybacks and a ~6.4% forward yield creates solid support for long-term investors. 📈✨
Not financial advice. Please do your own DD.
$LINK REIT(00823.HK) has executed share buy back, spending approximately HKD 24.07 million on July 10 to buy back 643,100 of its own shares.
The repurchase price per unit ranged between HKD 37.32 and HKD 37.46.
$LINK REIT(00823.HK)(Reflection) Why I start investing on Link REIT -Beyond Its Cheap Valuation.🤔
Everyone knows Link REIT is trading at a discount. If you look deeper, you will see a powerhouse built to handle macro storms.
Here are 3 reasons why I made the decision to start investing in Link REIT:
1️⃣ World-Class Balance Sheet Safety
With a Net Gearing Ratio of just 23.9%, Link REIT has a massive safety margin. Compare that to major S-REIT peers like FCT (40.0%) or CICT (38.6%) and it is clear that Link REIT holds the “Gearing Edge.” They sit comfortably below the ~50% regulatory ceiling.
2️⃣New management taking a Proactive with new perspective and Disciplined Approach to Capital Recycling
They recently divested Swing By @ Thomson Plaza in Singapore for HK$1.54 billion, pocketing an impressive 23% premium over book value.
And that management is committing 100% of these proceeds to unit buybacks, directly supporting unitholders.
3️⃣Upcoming AGM Buyback Catalyst
At the upcoming AGM on July 15, 2026, a key resolution is the General Mandate to Buy Back Units.
NAV Accretion: Buying back deeply discounted units permanently increases the asset value slice for remaining unitholders.
DPU Protection: A shrinking unit pool naturally concentrates future distributions, maximizing our dividend yield.
✂️ Leaner Operations
Through structural streamlining, Link REIT is on track to deliver HK$200M+ in annualized cost savings next fiscal year. Pair this with a resilient 97.8% portfolio occupancy, and you have a business successfully insulating its bottom line.
The Fed may sound hawkish right now but I am staying invested in Link REIT and continuing to DCA monthly.
I believe its strong diversification and upcoming proactive buyback mandate will support its long-term resilience. It also serves as a defensive asset with solid backing, capable of generating steady passive income for my portfolio through this period of uncertainty.
$LINK REIT(00823.HK)
Today I decided to invest in Link REIT ☺️.
At HKD 36.46 (down 0.92% today), the valuation looks very attractive and irresistible for me not to invest. At this price level, my margin of safety is well protected☺️.
Key stats with Link REIT:
🟢Dividend yield (TTM): 6.96%
🟢P/B ratio: 0.63 → trading well below book value (BVPS = HK$57.75)
🟢52‑week range: HK$32.85 – HK$42.51
🟢Market cap: HK$94.76B
I am totally not disturbed by the reported negative EPS (-HK$2.86 TTM). It is mainly due to accounting treatment and not operational weakness.
The company’s underlying fundamentals remain strong and rock solid, supported by quality assets, stable rental income and consistent distributions.
Link 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
$LINK REIT(00823.HK)has gone Ex-dividend yesterday (11 Jun). Recent price action has peaked above HKD40 before retracing back but since I'm planning to stay invested on them, it's immaterial to me.
I've just inspect "my" (LINK REIT) property again and is pleased to see that they have broken up a single large unit to five smaller units. This lowers the vacancy and tenant default risks.
$LINK REIT(00823.HK)
Is Link REIT (00823.HK) a deep-value buy or a falling knife? Let’s look past the noise.
🔷The Technicals
Looking at the daily chart, the price has aggressively retreated to HKD 37.94, slamming right into the lower Bollinger Band. The 4-hour chart reveals an oversold RSI of 27.02. The momentum is firmly bearish and are entering a zone where selling pressure historically exhausts itself.
🔷The Fundamentals
Don’t let the headline accounting loss scare you. Link REIT is trading at a steep 34% discount to its Book Value (P/B of 0.66) and offers a juicy 6.68% dividend yield. The ultimate catalyst?
The ex-dividend date is right around the corner on 11 June 2026, with a cash payout of 1.2673 HKD.
🔷The Macro & Fed Uncertainty
The big elephant in the room is macro uncertainty. Strong US economic data has caused institutions like Goldman Sachs to push back US Federal
Reserve rate-cut expectations. Because of Hong Kong’s currency peg, local interest rates must stay “higher-for-longer” alongside the Fed.
While this macro pressure drags on property sectors heavily reliant on debt, Link’s necessity-based retail portfolio offers a far superior defensive moat than discretionary malls.
The Verdict🔷
For long-term retail investors seeking stable passive income, the combination of extreme oversold technicals and an imminent dividend distribution makes Link REIT highly compelling.
What do you think?Are you buying this dip? Let me know below! 👇
Personal view and not financial advice. Do your own DD.
$LINK REIT(00823.HK)
Link REIT: A Blue-Chip Giant at a Crossroads? 🇭🇰
As of May 2026, Link REIT remains the king of Hong Kong’s retail space, but it is currently navigating a “tale of two cities”—strong operational resilience vs. rental pressure. If you’re tracking the 4H chart (currently near HKD 39.98), here is the latest intel!
🔷 Fundamentals snapshots
🟢 The Good: Tenant sales in Hong Kong are showing early signs of bottoming out, with a robust 11.8% YoY jump in early 2026. The REIT is also “pruning” its portfolio by selling Singapore’s Swing By@Thomson Plaza at a 23% premium to book value.
🟢 The Bad: Negative rental reversion remains the biggest headache, widening to approximately 8.5% for the full year. This is expected to drag down the FY2026 DPU (Distribution Per Unit) by roughly 8%.
🟢 The Opportunity: Management is hinting at unit buybacks using proceeds from asset sales, which could serve as a short-term catalyst for the stock price.
🔷 Latest Analyst Recommendations (Less than 30 days old)
Professional sentiment is “Cautiously Optimistic”:
1️⃣ Morgan Stanley (5 May 2026): Upgraded to OVERWEIGHT with a TP of HKD 44. They predict an 80% chance the stock will outperform in the next 60 days.
2️⃣ DBS Group Research (16 April 2026): BUY rating with a TP of HKD 43. They highlight an attractive 6.8% dividend yield, which beats most HK landlords.
3️⃣ HSBC (9 April 2026): Maintains a HOLD with a TP of HKD40, citing near-term headwinds in non-essential retail.
🔷The Verdict
Watch the BB 20 SMA on your chart. Now the RSI is at 61.89, it is near overbought territory but still shows momentum. A break above HKD 40.50 could signal a fresh rally! 🚀
Link Reits HK0823 new management are selling non core assets to hold my cash, pay debts and looking for strategic opportunities to beef up their core. Sold The Swing @ Thomson Plaza, now in discussions to sell Australian office assets. Markets are reacting to this news positively. I believe their NAV should improve further over time once all or most of their non-core are sold. $LINK REIT(00823.HK)
$LINK REIT(00823.HK)
The High-Yield Comeback You Can’t Ignore
If you are hunting for steady passive income in the Hong Kong market, Link REIT (0823.HK) is flashing a major buy signal. After weathering a tough stretch, the stars are finally aligning: share prices are climbing and the balance sheet is rock-solid. The recovery is not just a theory anymore. It is officially in motion.
🔷Technical Snapshot
The chart is quietly building a bullish case for a trend reversal:
❤️Momentum: At $36.68, Link is trading above its 20-period SMA ($36.18). Reclaiming this level suggests the short-term trend has shifted in favor of buyers.
❤️Key Levels: Support has solidified at $35.44 (the lower Bollinger Band). A clean break above immediate resistance at $36.93 opens the door back toward the $39–$40 region.
❤️RSI: Currently at 53.09, the “sweet spot.” It is neither oversold nor overbought. It is leaving plenty of room for sustained upside before hitting “expensive” territory.
🔷Fundamentals Snapshot
For REIT investors, the balance sheet provides a massive margin of safety:
♥️The Yield: A standout forward yield of 7.0% to 7.4%, supported by a forecasted FY2026 distribution of ~HK$2.57 per unit.
❤️Valuation: Trading at just 0.59x Price-to-Book, you are effectively buying a global portfolio at a 41% discount to its net asset value.
❤️Resilience: Net gearing is a conservative 22.5%. While HK retail faces macro pressure, international assets in Singapore and Australia are seeing strong double-digit rental reversions.
🔷My Verdict
Link REIT sits at the intersection of improving technicals and deep fundamental value. With analyst targets averaging HK$40–$42, investors could see 10–15% capital upside alongside a 7% dividend yield.
For income seekers, it is a defensive powerhouse; for traders, it’s a bullish setup with a clearly defined floor.
Not financial advice. Trade safety and stay vigilant at all times.
$Amova-StraitsTrdg Asia REIT(CFA.SG)
My no brainer dividend Etf stock in portfolio, dividend is paid every 3 months. ETF contain stocks from asia, like link reit in Hong Kong.
[Day 11] Checking up LINK REIT
It appears that the boat is coming back to for me to load more $LINK REIT(00823.HK). My buy level would be 35 and below. With a more than 7% yield at that level,it would offer a good margin of safety.
🐲 let's go!
$UB-LINK@EC2703A(13724.HK) Are you short or long? Xiaomi rises and you fall hard, Xiaomi falls and you don't rise.
