18 Feb 2016

Crosby Corporate Access Event: Link REIT (823.HK) & Fortune REIT (778.HK)

Link REIT (823 hk, NR),  with its solid diversified retail-based property, is likely to be shelter for a Macro thunderstorm.  A relative certain distribution policy also making Link REIT a better alternative to other mainstream blue-chips. Link REIT is required to ensure that the total amount distributed to unit holders shall be no less than 90% of its total distributable income for each financial year.

Event Details:

Company: Link REIT
Date: Friday, 26 Feb 2016
Time: 15:00 – 16:00
Venue: Link REIT office, Suite 3004, level 30, 9 Queen’s Road Central, Hong Kong
Company Rep: Eric Yau, Head of IR & Corporate Finance, Fannie Chong, IR Officer

Fortune REIT (778 HK, NR ),  a retail property REIT spun off by Cheung Kong,  with high reliance on non-discretionary retails tenants  (i.e. F&B, supermarkets and education), which still be able to show resilient growth despite the slowing down in the economy.  Attractive dividend yield (~ 6%) also offer a relatively defensive strategy for income investors to migrate the downside risk.   Fortune share price performance has outperformed other REITs, HSI and other HK property counters by 4-25% in the past three months.   We believe the outperformance will continue under current volatile market. 

Event Details:

Company: Fortune REIT
Date: Monday, 29 Feb 2016
Time: 14:00 – 15:15
Venue: Bridges Central, 20th Floor Central Tower, 28 Queen’s Road Central, Central, Hong Kong
Company Rep: Jenny Hung, Director, Investment & IR,  Frederick Chan , Manager, Investment & IR 

If you are interested to learn more about the event details, please contact us via email or phone at sales@crosby.com or (852) 3476 2898.

If you already have an account with us, please log in to register.