Morgan Stanley: Maintains "Overweight" Rating on LINK REIT (00823), with Potential Expansion of Unit Buyback Plan.

date
15:27 28/08/2026
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GMT Eight
Maintain the "Buy" rating for Link REIT (00823), with a target price of HKD 44.
Morgan Stanley has released a research report maintaining an "Overweight" rating on LINK REIT (00823) with a target price of HKD 44. LINK REIT is set to announce its operational update for the first quarter of the 2026/27 fiscal year on September 8. The bank expects the rental returns of the company's Hong Kong retail portfolio to narrow; improvements in sales from food and supermarket tenants; and further updates on the sale of non-core assets, which may lead to a potential expansion of the unit buyback plan.