- Net Property Income: Link REIT reported HK$10.07 billion, which fell short of the estimated HK$10.28 billion.
- Total Revenue: The revenue for the fiscal year was HK$13.58 billion, slightly below the expectation of HK$13.6 billion.
- Dividend per Share: The annual dividend per share declared was HK$2.6265.
- Final Dividend: The final dividend announced was HK$1.3257 per share.
- Analyst Ratings: Out of the ratings, there were 16 buys, 1 hold, and 1 sell for the stock.
Link REIT on Smartkarma
Analyst coverage of Link REIT on Smartkarma indicates a positive outlook according to David Blennerhassett‘s report “HK REITs Re-Rate On Southbound Inclusion“. Blennerhassett suggests sticking to a basket of Hong Kong-focused REITs, with a preference for those not solely focused on office space like Link REIT. The report discusses the upcoming inclusion of RMB dual counters in the Hong Kong Southbound Connect program, highlighting the potential impact on AH relationships and the broader implications of this move for the REIT sector.
David Blennerhassett‘s bullish stance on Link REIT is supported by insights into the changing dynamics of the capital markets, including the inclusion of REITs in the cooperation measures announced by the CSRC. By delving into the strategic implications of these developments, Blennerhassett’s analysis provides valuable guidance for investors navigating the evolving landscape of Hong Kong’s real estate investment trusts.
A look at Link REIT Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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, seems to have a promising long-term outlook based on its Smartkarma Smart Scores. With favorable scores in value and dividend at 4, it indicates a solid financial foundation and attractive dividend yield for investors. Additionally, scoring a 3 in growth, resilience, and momentum, Link REIT shows stability and potential for future expansion.
As a leading player in Hong Kong’s real estate market, Link REIT owns and manages various commercial properties such as shopping centers, parking facilities, and retail spaces. The balanced scores across key factors suggest that Link REIT is well-positioned to deliver steady returns and maintain its market presence in the long run, making it an interesting prospect for investors seeking reliable income and growth opportunities.
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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