Link REIT's Anderson Road Ling Tat shopping mall 83% leased, opens today; first self-built mall, may continue to seek opportunities in future

Link REIT's Ling Tat shopping mall, self-built in the Anderson Road New Development Area with an investment of $1.6 billion, opens today (13th), with a current leasing rate of about 83%. The mall has a gross floor area of 139,000 square feet, with retail and market each accounting for about 64,000 and 16,000 square feet respectively, and will serve a population of 30,000 in the Anderson Road community. Lo Yan-kei, Head of Hong Kong Asset Management at Link REIT, said the group will look for opportunities to build its own shopping malls in future as needed.