$LINK REIT(00823.HK)(Reflection) Why I start investing on Link REIT -Beyond Its Cheap Valuation.🤔

Everyone knows Link REIT is trading at a discount. If you look deeper, you will see a powerhouse built to handle macro storms.

Here are 3 reasons why I made the decision to start investing in Link REIT:

1️⃣ World-Class Balance Sheet Safety

With a Net Gearing Ratio of just 23.9%, Link REIT has a massive safety margin. Compare that to major S-REIT peers like FCT (40.0%) or CICT (38.6%) and it is clear that Link REIT holds the “Gearing Edge.” They sit comfortably below the ~50% regulatory ceiling.

2️⃣New management taking a Proactive with new perspective and Disciplined Approach to Capital Recycling

They recently divested Swing By @ Thomson Plaza in Singapore for HK$1.54 billion, pocketing an impressive 23% premium over book value.

And that management is committing 100% of these proceeds to unit buybacks, directly supporting unitholders.

3️⃣Upcoming AGM Buyback Catalyst

At the upcoming AGM on July 15, 2026, a key resolution is the General Mandate to Buy Back Units.

NAV Accretion: Buying back deeply discounted units permanently increases the asset value slice for remaining unitholders.

DPU Protection: A shrinking unit pool naturally concentrates future distributions, maximizing our dividend yield.

✂️ Leaner Operations

Through structural streamlining, Link REIT is on track to deliver HK$200M+ in annualized cost savings next fiscal year. Pair this with a resilient 97.8% portfolio occupancy, and you have a business successfully insulating its bottom line.

The Fed may sound hawkish right now but I am staying invested in Link REIT and continuing to DCA monthly.

I believe its strong diversification and upcoming proactive buyback mandate will support its long-term resilience. It also serves as a defensive asset with solid backing, capable of generating steady passive income for my portfolio through this period of uncertainty.