Link’s mainland China retail portfolio also demonstrated resilience during the pandemic with a positive reversion of 11.1% in fiscal 2021 despite a slight drop in occupancy.

Link Real Estate Investment Trust (SEHK:823) is making significant strides with a 15% revenue growth driven by strategic expansions and innovative product launches in the Asia-Pacific region.

Link Real Estate Investment Trust (Link REIT) plans to issue HK$18.80 billion ($2.39 billion) of rights units, it said on Friday, to strengthen its capital base and position for its next growth phase.

Link REIT is one of the world’s largest retail-focused REITs. Its portfolio contains 154 properties across Hong Kong, mainland China, Australia, Singapore, and the United Kingdom.