Baker Aids Hong Kong's Link REIT In $76M Retail Deal

Law360, New York (January 17, 2012, 1:47 PM EST) -- The Link Real Estate Investment Trust has completed its HK$588 million (US$76 million) purchase of the 63,000-square-foot, dual-level retail podium of Hong Kong's Maritime Bay development from Great Land (HK) Ltd., a unit of Sino Land Company Ltd., Link said Tuesday.

Link, which became Hong Kong's first publicly listed REIT after its 2005 initial public offering, said it would analyze the retail holdings to study the shopping needs of nearby residents and bring them "better choices."

Completed in 1998, the retail podium is part of Maritime...
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