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February 22, 2019

Link REIT invests in Shenzhen mall for US$975 million
Link REIT announced recently that it had bought a shopping mall close to a high-speed railway station in Shenzhen for RMB6.6 billion (US$975 million). The six-storey shopping precinct, named Central Walk is located in the CBD of Futian, is Link REIT’s first acquisition in the city and is its second in the Greater Bay Area.
     “The acquisition will enable us to capture the exponential growth spurred by the high-speed rail link and the Greater Bay Area development,” said George Hongchoy, chief executive officer of Link Asset Management, which operates Link REIT.

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