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Property

Hong Kong's top REIT to look outside China with new fund

Link CEO says Washington-Beijing tensions are unnerving investors

Link REIT says fraught relations between the U.S. and China have made some capital partners cautious about investing in Asia's biggest economy.   © Link REIT

HONG KONG -- Hong Kong's biggest real estate investment trust says it will focus on opportunities outside of China with a planned new fund due to tensions between Beijing and Washington chilling investor sentiment.

Link REIT announced in March that it was looking to partner with private investors such as insurance companies and sovereign funds to set up a private equity fund to expand its investment portfolio.

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