Link Reit sells HK properties in red-hot market

Gaw Capital and Goldman Sachs beat off fierce competition from other suitors who were keen to own assets in the city sheltered from a downturn in mainlanders’ spending.

Alison Tudor-Ackroyd

November 28, 2017

Link Real Estate Investment Trust (Link Reit) has agreed to sell a portfolio of local shopping malls to private equity firm Gaw Capital and the investment arm of Goldman Sachs for HS$23 billion ($2.9 billion).

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