Distribution IncomeFY25 distribution income exceeded our forecast due to favourable tax resolution.
Diversification StrategyLink REIT continues to seek diversification through acquisitions, preferably in Singapore, Japan, and Australia, and asset recycling to enhance its earnings base and augment distribution growth.
Inclusion In Stock ConnectPositive developments regarding the inclusion of the REIT into Stock Connect should boost sentiment towards Link REIT sharply given its large market capitalisation, strong trading liquidity, and resilient earnings.