---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000747575.md"
description: "$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 SafetyWith 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 RecyclingThey 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 CatalystAt 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 OperationsThrough 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."
datetime: "2026-06-18T00:40:15.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000747575.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000747575.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000747575.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# $LINK REIT(00823.HK)(Reflection) Why I start inves…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**