Central Walk, which has been acquired by Link REIT for RMB6.6 billion. (Photo: Google Maps)

Asia’s largest REIT by market capitalisation, Link REIT, continues to buy back units from the market amid prolonged weakness in sentiments.

The Hong Kong-listed REIT is currently trading at HKD73.4, down 1.5% from its previous close.

The REIT slumped to its 52-week low on 2 March, amid data that snuffed out hopes for a quick recovery in the city’s economy.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.