Link REIT (HKG:0823) responded to media reports about the potential spin-off of its properties outside mainland China and Hong Kong into a separate entity.
In a June 8 filing with the Hong Kong bourse, Link REIT acknowledged conducting feasibility studies on such transactions, but cautioned that these evaluations may or may not lead to a deal.
"As an active manager, [Link] would periodically conduct feasibility studies of various capital and other corporate transactions... to create value for the long-term interest of unitholders," the company said in a statement, adding that any future transactions would comply with Hong Kong's listing rules and the REIT Code.
This comes after the Business Times released a report saying the REIT is exploring a listing on the Singapore bourse and has held initial discussions over the plan.