Hong Kong Link REIT saw its total distributable amount’ grow 4.6% to HK$7.025 billion $900 million for the financial year 20245, which ended March 31, 2025.
The real estate firm's total revenue climbed 4.8% to HK$14.22 billion, while net property income grew 5.5% to HK$10.6 billion. However, net asset value per unit declined 9.6% to HK$63.3 from HK$70.02 the previous year, meaning overall net assets and valuations also fell, by 8.6% and 6.6% respectively. The group's total property value is currently HK$226 billion.
Amid challenging market conditions, the firm has been helped by a high occupancy rate across its...
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