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The LINK REIT was established by the Hong Kong government, which hived off assets from the Hong Kong Housing Authority that included 151 retail facilities – mainly within public housing estates – and 79,000 parking spaces.
Both phases were originally built and owned by the Hong Kong Housing Authority (HKHA). In 2005, the Hong Kong government controversially divested various HKHA assets, mainly shopping centres and car parks, into a new real estate investment trust called Link REIT. Both Shek Lei properties were transferred to Link REIT on 25 November 2005.
A real estate investment trust ( REIT, pronounced "reet" [1]) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate.
Lek Yuen Estate. / 22.385053; 114.192115. Lek Yuen Estate ( Chinese: 瀝源邨) is a public housing estate in Sha Tin, New Territories, Hong Kong. It is the first public housing estate in Sha Tin, built on the reclaimed land of Sha Tin Hoi, located near Wo Che Estate and MTR Sha Tin station. [3] The estate consists of seven residential blocks ...
Tai Wo. Tai Wo Estate, with the Kwong Fuk Bridge over the Lam Tsuen River. / 22.4511°N 114.1611°E / 22.4511; 114.1611. Tai Wo ( Chinese: 太和) or known as Tai Wo Market are the names of several areas in the Tai Po District, in the New Territories of Hong Kong. The boundaries changed from time to time.
Hong Kong Link. Hong Kong Link 2004 Limited ( Chinese: 香港五隧一橋有限公司) is a company wholly owned by the Government of Hong Kong created to securitise revenue from five government-owned toll tunnels and the Lantau Link. The HK$6 billion securitisation was launched in April 2004.
Tam objected to So placing profit ahead of the agency's social mission. So, a former Link REIT chief executive, joined the URA in 2013. Tam, a two-time president of the Hong Kong Institute of Planners, had been with the URA since 2006, and served as managing director since 2013. As of 2015, she remained a member of the Hong Kong Housing Authority.
It is now under the management of The Link REIT, having been spun off from the Authority and listed on the Hong Kong stock market in 2005. There are a variety of facilities, shops and restaurants which cater for the household needs of residents in Cheung Fat and surrounding estates, namely Cheung On Estate and Ching Wang Court.