A shopping centre in Tuen Mun that was among 17 malls that Link Reit sold for HK$23 billion to a consortium led by Gaw Capital Partners. Photo: Nora Tam
Hong Kong free market is no excuse for Link Reit to rip off low-income residents
- Link Reit has been raising rents at double-digit rates annually at markets in low-income areas, and selling properties in poorly located areas at record prices
- When free markets run counter to the public interest, lawmakers have every reason to step in
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Link Reit
A shopping centre in Tuen Mun that was among 17 malls that Link Reit sold for HK$23 billion to a consortium led by Gaw Capital Partners. Photo: Nora Tam