Link Real Estate Investment Trust Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

SEHK:823 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
10 Dec 24	SellHK$21,024,676	BlackRock, Inc.	Company	614,620	HK$34.21
09 Dec 24	BuyHK$13,110,898	BlackRock, Inc.	Company	381,600	HK$34.36
20 Nov 24	SellHK$2,463,579,551	JP Morgan Asset Management	Company	73,080,269	HK$33.71
15 Nov 24	BuyHK$845	JP Morgan Asset Management	Company	24	HK$35.19
15 Nov 24	BuyHK$5,004,302	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	142,200	HK$35.19
15 Nov 24	BuyHK$624,547,083	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	17,746,848	HK$35.19
15 Nov 24	SellHK$317	JP Morgan Asset Management	Company	9	HK$35.19
15 Nov 24	SellHK$112,614	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	3,200	HK$35.19
14 Nov 24	BuyHK$1,091,930,006	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	30,686,155	HK$35.58
21 Aug 24	SellHK$37,236	Christopher John Brooke	Individual	1,080	HK$34.48
23 Jul 24	SellHK$6,013,698	BlackRock, Inc.	Company	187,300	HK$32.11
04 Jul 24	SellHK$1,477,119,213	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	48,341,376	HK$30.56
02 Jul 24	SellHK$2,174,432,535	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	72,076,251	HK$30.17
28 Jun 24	BuyHK$5,766,652	JP Morgan Asset Management	Company	189,863	HK$30.37
28 Jun 24	BuyHK$1,515,598	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	49,900	HK$30.37
28 Jun 24	SellHK$8,869	JP Morgan Asset Management	Company	292	HK$30.37
28 Jun 24	SellHK$4,292,270	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	141,320	HK$30.37
28 Jun 24	SellHK$119,299,784	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	3,927,862	HK$30.37
27 Jun 24	BuyHK$100,711,949	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	3,364,860	HK$29.93
25 Jun 24	BuyHK$9,399,172	JP Morgan Asset Management	Company	297,855	HK$31.56
25 Jun 24	BuyHK$618,502	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	19,600	HK$31.56
25 Jun 24	BuyHK$211,427	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	6,700	HK$31.56
25 Jun 24	SellHK$22,594	JP Morgan Asset Management	Company	716	HK$31.56
25 Jun 24	SellHK$195,680	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	6,201	HK$31.56
25 Jun 24	SellHK$211,427	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	6,700	HK$31.56
24 Jun 24	BuyHK$11,209,516	JP Morgan Asset Management	Company	354,264	HK$31.64
24 Jun 24	BuyHK$1,835,219	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	Company	58,000	HK$31.64
24 Jun 24	BuyHK$1,604,825,996	JPMorgan Chase & Co, Brokerage and Securities Investments	Company	50,718,700	HK$31.64
24 Jun 24	SellHK$390,237	JP Morgan Asset Management	Company	12,333	HK$31.64
19 Feb 24	BuyHK$924,683	BlackRock, Inc.	Company	24,300	HK$38.05
19 Feb 24	SellHK$38,855,713	BlackRock, Inc.	Company	1,021,100	HK$38.05
15 Feb 24	SellHK$31,652,973	BlackRock, Inc.	Company	824,700	HK$38.38

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of 823?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	2,545,523	0.0986%
Institutions	889,459,957	34.4%
General Public	1,690,390,985	65.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 26.63% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
8.96%	BlackRock, Inc.	231,420,273	HK$7.4b	1.14%	0.01%
4.42%	The Vanguard Group, Inc.	114,026,829	HK$3.7b	-0.07%	0.01%
2.08%	Capital Research and Management Company	53,705,539	HK$1.7b	0.59%	0.01%
1.55%	Norges Bank Investment Management	40,087,536	HK$1.3b	0%	0.01%
1.01%	Dimensional Fund Advisors LP	26,103,155	HK$837.9m	2.48%	0.02%
0.84%	JP Morgan Asset Management	21,587,485	HK$693.0m	46.6%	0.01%
0.72%	Geode Capital Management, LLC	18,663,496	HK$599.1m	2.81%	0.01%
0.66%	Schroder Investment Management Limited	17,030,035	HK$546.7m	12.6%	0.04%
0.59%	Causeway Capital Management LLC	15,225,122	HK$488.7m	-0.02%	0.24%
0.49%	Strategic Advisers LLC	12,592,870	HK$404.2m	15.9%	0.02%
0.47%	Principal Global Investors, LLC	12,236,106	HK$392.8m	-15.8%	0.02%
0.47%	Northern Trust Global Investments	12,128,956	HK$389.3m	0.21%	0.01%
0.41%	Eastspring Investments (Singapore) Limited	10,678,250	HK$342.8m	0.62%	0.13%
0.38%	Sumitomo Mitsui DS Asset Management Company, Limited	9,773,020	HK$313.7m	-2.4%	0.11%
0.37%	China Asset Management (Hong Kong) Limited	9,626,647	HK$309.0m	4.56%	1.37%
0.37%	American Century Investment Management Inc	9,567,630	HK$307.1m	35.4%	0.02%
0.35%	Invesco Ltd.	8,981,493	HK$288.3m	0.38%	0.01%
0.35%	Hang Seng Investment Management Limited	8,950,308	HK$287.3m	0%	0.36%
0.34%	Charles Schwab Investment Management, Inc.	8,653,286	HK$277.8m	6.63%	0.01%
0.33%	BNY Asset Management	8,610,059	HK$276.4m	0.14%	0.01%
0.32%	UBS Asset Management AG	8,296,818	HK$266.3m	-3.2%	no data
0.29%	Manulife Asset Management	7,588,652	HK$243.6m	1.38%	0.02%
0.29%	Nordea Investment Management, AB	7,469,719	HK$239.8m	-0.64%	0.02%
0.29%	Jupiter Fund Management Plc	7,435,000	HK$238.7m	0%	0.09%
0.28%	CBRE Investment Management Listed Real Assets LLC	7,347,180	HK$235.8m	2.34%	0.42%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/31 22:49
End of Day Share Price	2025/01/28 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Link Real Estate Investment Trust is covered by 43 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Andrew Lawrence	Barclays
Kwok Yi Louie	Barclays
Mei Shan Esther Liu	BNP Paribas Securities (Asia)