Property News · July 27, 2020

Hong Kong’s Link Reit announces entry to Europe with US$487.5 million acquisition of Morgan Stanley’s London home


Hong Kong-based Link Reit, Asia’s largest real estate investment trust, has announced its entry into Europe with a £380 million (US$487.5 million) deal for an office complex housing Morgan Stanley’s headquarters in London.The acquisition of The Cabot at 25 Cabot Street in Canary Wharf will allow the investment trust to diversify and improve its portfolio, and enhance its ability to deliver sustainable returns for unit holders, George Hongchoy, Link’s chief executive, said on Sunday night. …

Source : South China Morning Post
Read more…Hong Kong’s Link Reit announces entry to Europe with US7.5 million acquisition of Morgan Stanley’s London home