Shares of Link Real Estate Investment Trust (OTCMKTS:LKREF – Get Free Report) were up 3.3% on Thursday . The stock traded as high as $4.60 and last traded at $4.60. Approximately 2,453 shares were traded during trading, an increase of 58% from the average daily volume of 1,550 shares. The stock had previously closed at $4.4515.
Link Real Estate Investment Trust Price Performance
The firm’s 50-day simple moving average is $4.69 and its 200 day simple moving average is $5.13.
Link Real Estate Investment Trust Company Profile
Link Real Estate Investment Trust (OTCMKTS: LKREF) is a Hong Kong–based real estate investment trust that owns and manages a diversified portfolio of retail properties, car parks and office spaces. Established in December 2005, Link REIT was formed through the initial public offering of non-railway commercial assets of the MTR Corporation and has since grown to become one of Asia’s largest REITs by asset value. Its holdings primarily consist of community shopping centres, daily necessities-focused retail outlets and complementary car parking facilities, with a strategy aimed at providing everyday convenience to local communities.
In addition to property ownership, Link REIT provides a range of asset and property management services through its wholly owned subsidiary, Link Asset Management Limited.
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