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<Research>M Stanley Assumes LINK REIT Has 80%+ Chance to Outperform Mkt in Next 60D, Rates Overweight
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Morgan Stanley has issued a research report predicting that LINK REIT (00823.HK) has over an 80% chance of outperforming the market in the next 60 days.

As the Fed has officially started a rate-cutting cycle, considering that LINK REIT's Hong Kong retail property portfolio maintained a high occupancy rate of 98% as of the end of March 2024 along with a dividend yield of 6.9%, Morgan Stanley gave LINK REIT an Overweight rating with a TP of $41.

Related NewsM Stanley: Low Rates Benefit HK Developers Over SG; LINK REIT (00823.HK), SHK PPT (00016.HK) Are Attractive

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