LINK REIT (00823.HK) -0.160 (-0.407%) Short selling $103.96M; Ratio 27.685% announced the disposal of its stake in Swing By@Thomson Plaza, a retail property in Singapore, at a consideration of SGD250 million, representing a premium to fair value, Morgan Stanley released a research report saying.Although LINK REIT's retail sales were strong in 2M26, Morgan Stanley remained cautious on mass retail due to the acceleration of online shopping and further penetration of China e-commerce. Therefore, despite improved tenant sales, the broker still expected the negative rental reversion to widen from 7.5% in 9MFY2026 to 8.5% for the full fiscal year. DPU for FY2026 may decline by about 8% to $2.52. Morgan Stanley now rated LINK REIT at Equalweight, with a target price of $37.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-30 16:25.)
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