Link Real Estate Investment Trust (823) Guidance summary

Opening remarks and agenda

• Leadership team presented business highlights, operational updates, financials, and outlook, followed by a Q&A session.

Guidance on key objectives

• Transitioning from pre-blackout briefings to quarterly operational updates, with Q1 and Q3 updates to be provided earlier in the year.

• Continued commitment to the Link 3.0 strategy, focusing on portfolio optimization, resilience, and real estate investment management expansion.

• Emphasis on maintaining high occupancy and preserving tenant retention, especially in Hong Kong.

Market trends and strategic opportunities

• Hong Kong and Mainland China face economic headwinds, with retail tenants under pressure from rising costs and changing consumption patterns.

• Singapore and Australia show robust economic indicators and strong leasing demand, with nearly full occupancy in retail assets.

• Diversification efforts continue, with focus on APAC opportunities, especially Australia, Japan, and Singapore.

• Technological advancement and evolving consumer behavior are influencing market dynamics.