Real Estate Investment Trust

Hong Kong Reits need greater flexibility

The Stanley Plaza shopping centre. The Link is dedicated to improving the environment for retail business and shoppers. Photo: The Link

The development of the international financial industry has been robust and rapid, and to maintain its position as an international financial centre, Hong Kong must align itself with market changes and strengthen its advantages in view of the rapid growth of wealth in Asia as well as market reform on the mainland.

Wednesday, 5 June, 2013, 4:40am

Three factors keeping reits in good shape, say analysts

Michael Smith, the head of real estate investment banking for Asia at Goldman Sachs, says reits are benefiting from the global low interest rate environment. Photo: May Tse

Goldman Sachs' head of real estate investment banking for Asia excluding Japan, Michael Smith, said low interest rates, a strong commercial property market and capital flows were the three factors that had made the reit market more attractive.

27 Apr 2013 - 5:07am

Should investors buy property, property stocks or both?

Bricks and mortar is one way to play the market. Photo: Reuters

From time to time, one may read debates in news media among investors and commentators about which of the above approaches offer better returns. Real estate agents tend to favour investing in bricks and mortar, while stocks traders would say equities offer better expense ratios, especially if all the stamp duties are taken into account.

6 Mar 2013 - 4:40am

Ask Melanie: When money isn't safe in houses

Chairman Nicholas Sallnow-Smith of Link Reit, one of the most defensive reits.

I have HK$4 million saved for the purchase of a rental property. As the housing market in Hong Kong is too hot now, I wish to defer the purchase for about six to eight months. Where should I park this money? Would reits be a good investment? I would be happy with a yield of 5 per cent.

29 Oct 2012 - 2:22am

A reit one way to fund a third runway, but it's unlikely to be accepted

A reit one way to fund a third runway, but it's unlikely to be accepted

I have the answer to funding of the new third runway at the airport. It's a simple idea, won't cost the taxpayer a dollar and we can still include all the fancy bits that will help keep pink dolphins pink.

28 Apr 2015 - 10:58am

Strategy leads to record profit

Profit at Fortune Real Estate Investment Trust (Fortune REIT) was up a record 20.3 per cent to HK$537.4 million in the first half of this year compared with the same period a year ago, as its growth strategy continued to deliver results.

15 Aug 2012 - 11:04pm

So you want to buy a reit?

These days, investing is all about income. Hardly a week goes by without the launch of some new income fund invested in bonds or high dividend stocks. The appeal is clear. With interest rates stuck at near zero and with share markets gripped by volatility, investors want safe, yield-generating instruments.

15 Aug 2012 - 11:03pm

Japan out as focus shifts to sweeter Asian equities

Many investors these days find themselves in a quandary, says Jeffrey Roskell, managing director at JF Asset Management's Pacific Regional Group. The prevailing mood is one of risk aversion, he says, but at the same time investors are also looking for income that might offset the effects of inflation.

15 Aug 2012 - 11:03pm

Home prices tipped to stay flat in second half

Cheung Kong (Holdings) executive director Justin Chiu Kwok-hung expects home prices will stay flat in the second half of this year as prices have already reached very high levels.

'Hong Kong's home prices have reached a pretty high level. I do not see any major price increase in future,' said Chiu, who had earlier predicted 10 per cent growth in home prices this year.

24 Jul 2012 - 12:00am

Wen pledge to keep property market curbs

Premier Wen Jiabao reaffirmed the need for government measures to restrain the mainland's property market yesterday.

He spoke amid expectations that back-to-back interest rate cuts could signal a policy shift.

8 Jul 2012 - 12:00am

HK needs to set up an index to guide investors

Hong Kong should build an investment index for commercial properties, similar to those in most other major economies, to provide a benchmark against which to measure the returns on portfolios, according to Nicholas Brooke, chairman of Investment Property Databank Asian advisory board. An index also sent a signal to the world about the way a market conducted itself, he added.

27 Jun 2012 - 12:00am

Sunlight plans sell-off to tighten focus of portfolio

The Sunlight Real Estate Investment Trust aims to reposition its portfolio by selling four office and retail properties, providing capital for future acquisitions.

27 Jun 2012 - 12:00am

Consumer confidence boosts returns for Link

The Link Real Estate Investment Trust's distributable income for the year to March has increased by nearly a fifth on the back of strong consumer confidence and retail spending that boosted demand for retail space.

7 Jun 2012 - 12:00am

Hundreds hit out at Link Reit 'hypocrisy'

A Link Reit campaign to promote 'nostalgic restaurants' at its shopping malls has left a bitter taste for hundreds of internet users who accused Hong Kong's largest retail landlord of hypocrisy.

11 Apr 2012 - 12:00am

Hong Kong no match for Lion City's winning IPO formula

The Hong Kong market for initial public offerings (IPO) is as dull and dank as swamp water. Some deals have even been pulled, which means the line of listing applicants just gets longer.

9 Apr 2012 - 12:00am