Link Asset Management Limited, the manager of Link Real Estate Investment Trust ('Link REIT', Hong Kong stock code: 823), today announced that the acquisition of Metropolitan Plaza - 8 Huangsha Road in Guangzhou (the 'Property') was completed, marking a significant addition to Link REIT's portfolio of premium-grade investment assets in Mainland China's first-tier cities.
George Hongchoy, Chief Executive Officer of Link Asset Management Limited, said, 'We are delighted to have acquired our first Guangzhou property, which along with the EC Mall in Beijing and Link Square in Shanghai, further strengthens our presence in China. We believe this is a quality property with excellent growth prospects and we are confident that we can extract its full potential with asset enhancement and operational improvement plans.'
The Link Real Estate Investment Trust published this content on 11 May 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 11 May 2017 12:01:16 UTC.
Original documenthttp://www.linkreit.com/EN/news/Pages/20170511_press.aspx
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