Reviewing Link Real Estate Investment Trust (LKREF) and Its Peers

Dividends

Link Real Estate Investment Trust pays an annual dividend of $1.66 per share and has a dividend yield of 33.2%. Link Real Estate Investment Trust pays out 14.1% of its earnings in the form of a dividend. As a group, “Retail REITs” companies pay a dividend yield of 221.3% and pay out 78.0% of their earnings in the form of a dividend.

Insider & Institutional Ownership

39.5% of Link Real Estate Investment Trust shares are owned by institutional investors. Comparatively, 59.4% of shares of all “Retail REITs” companies are owned by institutional investors. 11.4% of shares of all “Retail REITs” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Profitability

This table compares Link Real Estate Investment Trust and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Link Real Estate Investment Trust	N/A	N/A	N/A
Link Real Estate Investment Trust Competitors	29.63%	9.99%	3.17%

Earnings & Valuation

This table compares Link Real Estate Investment Trust and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Link Real Estate Investment Trust	N/A	N/A	0.42
Link Real Estate Investment Trust Competitors	$822.26 million	$253.68 million	13.63

Link Real Estate Investment Trust’s rivals have higher revenue and earnings than Link Real Estate Investment Trust. Link Real Estate Investment Trust is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Summary

Link Real Estate Investment Trust rivals beat Link Real Estate Investment Trust on 8 of the 9 factors compared.

About Link Real Estate Investment Trust

Link Real Estate Investment Trust, managed by Link Asset Management Limited, is the largest REIT in Asia, and a leading real estate investor and asset manager in the world. Listed in 2005 as the first REIT in Hong Kong, Link has been 100% held by public and institutional investors, and has no controlling unitholder. We invest and manage a diversified portfolio comprising retail facilities, car parks, offices and logistics centres. With our home in Hong Kong, our properties located in China's Beijing, Greater Bay Area (Hong Kong, Guangzhou and Shenzhen), and Yangtze River Delta centred around Shanghai, the UK's London and Australia's Sydney and Melbourne. We seek to extend our portfolio growth trajectory and grasp expansion opportunities in different markets in pursuit of being a world class real estate investor and manager. Asset management, portfolio management and capital management are three pillars of our management. We are committed to integrating Environment, Social and Governance (ESG) considerations into our strategy and daily operations.