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LINK REIT Forecasts Revenue to Remain Challenging Next Yr Despite Improving Overall Development
2026-11-12 15:38:30 LINK REIT (00823.HK) Managing Director - Leasing (HK) Managing Director, Gary Fok, said the group is affected by the three-year lease cycle and expected rental reversion in 2H26 to keep recording a mid- to high-single-digit decline. Although rental income will still face challenges next year, rising sales indicate that the overall situation is developing positively. Chief Investment Officer John Saunders said the overall trend of Hong Kong retail sales continues to grow. Some tenants in the group's malls, such as food and beverage operators, have delivered solid performance, while general retail segments such as household goods have performed relatively weakly. Therefore, he believed current rents are gradually stabilizing, although some negative factors still need to be absorbed, and the overall situation will gradually improve. ~ AASTOCKS Financial News Website: www.aastocks.com | |