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M Stanley: LINK REIT (00823.HK) Rated at Overweight on Rumors of Acquisition of Stakes in 3 Australian Shopping Malls
2025-11-17 15:43:55
LINK REIT (00823.HK) is reportedly planning to invest AUD1.5 billion to acquire 50% stakes in three shopping malls from Australian Prime Property Fund Retail, involving Sunshine Plaza in Queensland, Macarthur Square in New South Wales and Lakeside Joondalup in Western Australia, Morgan Stanley released a research report saying.

Morgan Stanley rated LINK REIT at Overweight, expecting it to benefit from potential interest rate cuts in the US, and was optimistic about its attractive projected dividend yield of 6.2%.

It is believed that the sales performance of Hong Kong tenants will improve, providing support for 1HFY2026 results (to be announced on 20 November).
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AASTOCKS Financial News
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