- Link REIT has reported a net property income of HK$5.06 billion for the first half of the financial year.
- The total revenue for the same period stands at HK$6.73 billion.
- Shareholders can expect a dividend per share of HK$1.3008.
- The REIT has been recommended for purchase by 17 analysts, with 2 advising to hold and none recommending a sell.
Link REIT on Smartkarma
Link REIT, the largest REIT in Asia, is firmly on the path to post-covid recovery, according to Jacob Cheng‘s research report published on Smartkarma, an independent investment research network. Cheng’s analysis shows that the Hong Kong portfolio of Link REIT will see rebound, with an attractive valuation at 0.64x PB and 5.8% dividend yield.
Cheng also conducted fundamental analysis on Link REIT, which owns and operates retail assets, office buildings and logistics in the APAC region. Cheng noted Link REIT‘s strong track record for capital management and expects it to continue in the long-term, with the company on the path to grow its fund management business.
A look at Link REIT Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 3 | |
Growth | 5 | |
Resilience | 3 | |
Momentum | 3 | |
OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Link REIT, a real estate investment trust in Hong Kong, has been given a Smartkarma Smart Score of 4 for Value, 3 for Dividend, 5 for Growth, 3 for Resilience and 3 for Momentum. Link REIT owns and operates shopping centers, parking space facilities and real estate retail space. This score indicates that Link REIT is likely to have a good long-term outlook, with a strong value and growth potential. Although the trust may not have the strongest dividend yield or resilience, its growth prospects should be strong over the coming years.
Link REIT‘s score of 5 for Growth indicates that the trust has the potential to continue expanding its portfolio over the long-term. This is supported by its score of 4 for Value, which suggests that Link REIT is well-positioned to acquire new properties at attractive prices. This should help the trust to achieve its long-term growth objectives.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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