Link REIT acquires Shenzhen property for USD890 million


Hong Kong-listed Link REIT has entered into an agreement to acquire Central Walk in Shenzhen, China for RMB6.6 billion (USD890 million).

The five-storey property, which was completed in 2007, features more than 83,000 square feet of retail space, and 741 car park lots.

It is located within a 5-minute walking distance to the Futian high-speed rail station, and is connected to an underground passageway network.

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