Property News · April 10, 2020

Link Reit takes cue from government’s coronavirus relief package, expands tenant support scheme to US$39 million


Link Reit, the biggest real estate investment trust in Asia, said that it would expand the support package for its tenants hit by the coronavirus outbreak to HK$300 million (US$38.69 million) from HK$80 million announced in February.“The board of directors has approved that we substantially expand our support scheme to echo the government’s economic relief package,” Nicholas Allen, chairman of the board, said on Friday.Link’s move comes after Hong Kong’s leader Carrie Lam Cheng Yuet-ngor on…

Source : South China Morning Post
Read more…Link Reit takes cue from government’s coronavirus relief package, expands tenant support scheme to US million

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