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| HSI1 | 24,963.23 | 0.00 | -- |
| HSCEI1 | 8,271.06 | 0.00 | -- |
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2026-07-23 16:27:16 BOCOM International issued a report covering LINK REIT (00823.HK), which announced on Tuesday (21st) the disposal of a 50% interest in the Grade A office tower at 100 Market Street in Sydney's central business district in Australia for a consideration of AUD225.875 million, with estimated net proceeds of approximately AUD222.73 million. The property generates annual rental income of about AUD33.9 million. BOCOM International noted that LINK REIT intends to use the net proceeds for fund unit buybacks and reinvestment into core retail property portfolios in the Asia-Pacific region. Assuming all net proceeds from the disposal are used for unit buybacks, the broker viewed this would be sufficient to offset the impact of the disposal on DPU. BOCOM International reiterated its Buy rating on LINK REIT, while maintaining the TP at HKD45.7. ~ AASTOCKS Financial News Website: www.aastocks.com | |