Top 3 Markets:

1. Hong Kong: approx. 70%
2. Mainland China: approx. 20%
3. Australia: approx. 10%

Industries:

• Retail
• Office real estate
• Parking garages

Link Real Estate Investment Trust generates the majority of its revenue from retail, especially through shopping centers and retail spaces in Hong Kong. The market in Hong Kong remains the dominant revenue driver, followed by strategic investments in Mainland China and Australia, which have been increasing in recent years to diversify the portfolio.

Link Real Estate Investment Trust (SEHK:823) is a real estate investment trust and does not produce physical products.

Link REIT is primarily engaged in the management and investment of properties, particularly in retail and office properties as well as car parks. The company focuses on the Asian market, especially Hong Kong and mainland China, and generates revenue through rental income and property management.

Current Strategy: Diversification and International Expansion

Focus on Sustainability: Investments in Green Buildings

Use of Technology: Digitization of Real Estate Management

Link Real Estate Investment Trust is pursuing a strategy of diversification and international expansion to secure future growth. In recent years, the company has expanded its portfolio by acquiring properties outside of Hong Kong, particularly in markets such as Australia and the United Kingdom.

Another focus is on sustainability. Link REIT invests in green buildings and sustainable practices to reduce its ecological footprint and increase the long-term value of its properties.

Furthermore, the company is increasingly leveraging technology to digitize real estate management and enhance efficiency. This includes the implementation of smart building technologies and the use of data analytics to optimize operational processes.

Commodities/Materials: Building and renovation materials

Main importing countries: China, Japan, South Korea

Link Real Estate Investment Trust (Link REIT) is primarily active in the real estate sector, particularly in the ownership and management of retail and office properties. Although Link REIT does not import commodities in the traditional sense, building and renovation materials are important for the maintenance and development of their properties.

These materials are often imported from neighboring Asian countries such as China, Japan, and South Korea, as these countries have a strong production base for building materials. The proximity to Hong Kong, where Link REIT is headquartered, facilitates the import and reduces transportation costs.

The specific materials may include cement, steel, glass, and other building materials needed for renovation and construction projects.

Market Share: 8% in the Hong Kong real estate market (2024)

Portfolio Value: 220 billion HKD (2024)

Dividend Yield: 4.5% (2024)

Link Real Estate Investment Trust (Link REIT) enjoys a significant competitive advantage in the Hong Kong real estate market, mainly due to its extensive and diversified real estate portfolios that include both retail and office spaces.

The trust has secured a solid position in the market through strategic acquisitions and strong operational efficiency. Its 8% market share in the local real estate sector highlights its significant presence and influence.

In addition, Link REIT offers an attractive dividend yield of 4.5%, making it a preferred choice for income-oriented investors. The ability to pay out stable and growing dividends enhances investor confidence and supports the company's long-term competitive advantage.

Institutional Investor Share: Approx. 70% (estimated, based on historical data until 2023)

Insider Buys/Sells: No significant transactions known (until 2023)

The institutional investor share in Link Real Estate Investment Trust is traditionally high, as it is a large and established REIT known for its stable returns. Such investors value the long-term stability and regular distributions associated with real estate investments.

Regarding insider transactions, no significant buys or sells are recorded in the latest available reports until 2023. This suggests that the management and other insiders have confidence in the current strategy and market position of the company.

For more precise and up-to-date information, it would be advisable to consult the company's latest financial reports and publications.

Market share of Link Real Estate Investment Trust: Estimated 12% (2025)

Main competitors and their market shares:

1. Sun Hung Kai Properties: Estimated 15%
2. Henderson Land Development: Estimated 13%
3. Cheung Kong Property Holdings: Estimated 11%
4. Wharf Real Estate Investment Company: Estimated 10%
5. Sino Land Company: Estimated 9%

Link Real Estate Investment Trust (Link REIT) holds a significant market share in the Asian real estate market, particularly in Hong Kong. Link REIT's moat mainly lies in its extensive and strategically positioned real estate portfolio structure, focusing on retail and car park properties. This provides a stable source of income and a certain level of resilience to economic fluctuations.

Compared to its competitors, Link REIT has an advantage through its specialization and the geographic diversification of its properties. However, companies like Sun Hung Kai Properties and Henderson Land Development also have strong market positions and diversified portfolios that give them a robust moat.

Overall, Link REIT has a significant competitive advantage, but the market is highly competitive, and other major real estate companies also offer strong moats through diversification and financial strength.

Revenue Growth: 4.2% (2024)
Profit Growth: 3.8% (2024)
Real Estate Portfolio Value: 250 billion HKD (2024)
Vacancy Rate: 5.1% (2024)

Link Real Estate Investment Trust (Link REIT) recorded a moderate revenue growth of 4.2% in 2024. This demonstrates a stable performance driven by continuous demand for its properties. The 3.8% profit growth indicates that the company was able to effectively manage its costs and increase its profitability.

Link REIT's real estate portfolio has a value of 250 billion HKD, indicating a strong market position. The 5.1% vacancy rate is relatively low, suggesting high occupancy of the properties and an effective leasing strategy.

Overall, Link REIT shows solid financial health and stable operational performance. This suggests that the stock could be a potentially good investment, especially for investors interested in stable returns from real estate. However, it is important to also consider external factors such as economic conditions and interest rates that can impact the real estate industry.

Dividend Yield: 4.5% (estimated for 2025)
Dividend History: Continuous payout since 2005

Link Real Estate Investment Trust (Link REIT) is known for its reliable dividend policy. Since its establishment in 2005, Link REIT has continuously distributed dividends to its shareholders. The dividend yield for 2025 is estimated to be around 4.5%, based on current market conditions and historical payout policy.

The reliability of Link REIT's dividends is supported by its stable source of income from rental revenues and its diversification in the real estate portfolio. This enables the company to maintain a consistent dividend policy even in economically challenging times.