Link stock forecast 2027–2029

MyStockButler's October 2026 analysis: Link's weighted scenario reaches HK$39.16 in October 2029. It hinges on rent income stabilising, refinancing staying manageable, and savings and improvements earning their keep.

Where could Link's shares be by October 2029?

The October 2027 price is HK$36.38, or −0% including dividends. October 2028 is HK$36.81, or +7%. October 2029 is HK$39.16, or +19%. Today’s price is HK$39.00. The October 2029 range runs from HK$17.12 in the bear case to HK$62.88 in the bull case. The probabilities are 28% bear, 52% base and 20% bull.

What could make Link's base, bear and bull cases unfold?

The bear falls to HK$6,190 million in October 2027 and HK$5,905 million in October 2028. It reaches HK$5,594 million in October 2029 as renewals and refinancing overwhelm those offsets. The bull reaches HK$6,708 million first, then HK$6,993 million and HK$7,356 million, requiring leasing to improve faster than current guidance.

How much cash does Link really make?

Operating activities generated HK$8.5 billion in 2026, while interest and distributions used HK$1.8 billion and HK$6.2 billion. Investment-property additions were HK$1.9 billion. This is a useful pressure test, not a forecast, because investment spending and distribution timing vary.

What does an investor pay for Link today?

NAV is the estimated value left after liabilities. Link reported NAV of HK$57.75 per unit in March 2026, so the current price is 32.5% below it, or about 0.68 times NAV. The last full-year distribution of HK$2.5361 per unit produces a 6.5% trailing yield.