Link REIT Reports 4.8% Revenue Increase, Net Property Income Up 5.5% for FY 2024/2025
Reuters
May 27, 2025
Link REIT Reports 4.8% Revenue Increase, Net Property Income Up 5.5% for FY 2024/2025
Link Real Estate Investment Trust (Link REIT) reported solid financial results for the year ended March 31, 2025, with revenue and net property income showing positive growth. Revenue increased by 4.8% year-on-year to HK$14.223 billion, while net property income rose 5.5% to HK$10.619 billion. This growth is attributed to improved performance across most of its operating markets. The total distributable amount also grew by 4.6% to HK$7.025 billion, primarily due to improved results in Hong Kong, a full-year contribution from Link Plaza Qibao, savings in finance costs, and one-off tax resolutions and adjustments. However, these gains were partially offset by higher costs, including expenses related to exploring mergers and acquisitions. The distribution per unit for the year increased by 3.7% to HK272.34 cents. The company continues to navigate challenging macroeconomic and geopolitical conditions but remains focused on resilience and growth.
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