Achieving Sustainable Growth
with Multiple Business Drivers
多元動力 實現可續增長
Link reported another year of strong growth. Link's net property income rose 9.6% year-on-year to HK$7,663 million for the financial year ended 31 March 2018, while total distribution per unit rose 9.4% to HK249.78 cents.
Chairman Nicholas Allen said that Link has already started benefitting from the improvement in retailer sentiment, introducing over 80 new brands into its shopping centres and seeing several current tenants expand their businesses to other properties in the portfolio. CEO George Hongchoy said that during the year, Link completed a record 14 asset enhancement projects and 12 fresh market upgrade projects, while divesting 17 properties for a total of HK$23 billion.
Since acquiring Metropolitan Plaza in May 2017, Link has strengthened the mall’s trade mix, introduced new tenants and improved the occupancy rate. Benefitting from a second round of leasing cycle adjustments, EC Mall’s performance has exceeded the company’s expectations. The new commercial assets in Hong Kong have both achieved key milestones: the topping out of The Quayside in Kowloon East and the launch of T.O.P This is Our Place in Mong Kok.
Link's annual energy consumption was reduced by 4.3% year-on-year, contributing to a cumulative 31.3% reduction in Hong Kong since 2010, thus marking the achievement of Link’s 20/30 vision two years ahead of schedule.
領展全年業績持續強健增長。物業收入淨額於2018年3月31日止年度，增長9.6%至76.63億港元，全年每基金單位分派總額為249.78港仙，上升9.4%。
主席聶雅倫表示，領展業務受惠於零售氣氛回暖，旗下商場引入超過80個新品牌，並有數名現有商戶把業務拓展至組合內的其他物業。行政總裁王國龍表示，年內完成14個資產提升項目及優化12個街市，並完成售出17項物業，總作價為230億港元。
自2017年5月購入西城都薈廣場以來，領展已加強其商戶組合，引入新商戶，並且提高租用率。受惠於第二個租務週期的調整，歐美匯購物中心的表現已超出預期。香港兩項商業資產亦取得重要進展─東九龍海濱匯平頂，以及旺角T.O.P This is Our Place投入服務。
香港組合的年度能源消耗量較上年減少4.3％，自2010年以來累計減幅已達31.3％，即提前兩年實現20/30節能目標。
T.O.P This is Our Place
New Iconic Destination
Opens in Mong Kok
旺角潮人新 「hea」 點 型爆登場
Following the completion of an extensive enhancement project, T.O.P This is Our Place (T.O.P), Link’s first shopping mall in a core retail district, has opened its doors for business, greatly adding to Mong Kok’s energetic vibe.
Retailers in the new mall have commenced operations, including Åland, which opened its largest flagship store in Hong Kong on the basement level, with direct access to the Mong Kok MTR station. Apart from offering trendy products from over 80 Korean fashion brands, the store also features the first Åland Beauty outlet in Hong Kong, making it a conveniently located one-stop fashion and beauty hub. Also open for business are shops selling locally designed eyewear and brand-name watches, as well as a variety of cosmetics counters including Merbliss, which is making its debut in Hong Kong.
T.O.P also boasts an exciting F&B mix, including Hokkaido ramen shop Aji No Tokeidai, Osaka-style savoury pancake maker Chibo Okonomiyaki and popular tea house Momiji Chaya – opening their first outlets in Hong Kong. The basement food zone gathers renowned F&B brands such as Popeyes, Cornerstone Café by Harlan Goldstein, Khaosoi House, Lin Heung Tea House and Master Hung. Other noteworthy F&B choices include stylish Western restaurant Lab Eat and The Charcoal Room, which offers a high-quality Korean barbecue experience.
領展首個核心商業區商場 ─ 「T.O.P This is Our Place」(T.O.P)，完成全面優化後，商戶已陸續投入服務。
Åland全港最大旗艦店，設於商場地庫，毗連旺角港鐵站入口，提供逾80個韓國衣履品牌，更特設全港首間Åland Beauty，網羅時尚服裝及化妝品。商場亦有一眾香港本地設計眼鏡、手錶品牌，及多個美容化妝專櫃，包括初次到港的「Merbliss」。
餐飲組合主打多個非一般旺角食肆選擇，包括多間首次抵港的日式食店 ─ 來自北海道的拉麵店「味之計時台」、人氣大阪燒「千房」及日本長人龍茶屋「紅葉茶屋」。美食區網羅「大力水手炸雞」、「小巷咖啡」、「Khaosoi House」、「蓮香」、「洪師傅」等品牌。T.O.P更引入型格高貴西餐廳「Lab Eat」和迎合韓食潮流的「柞木炭家」。
International Award-Winning Architectural Design設計別出心裁 榮獲國際建築獎
T.O.P, featuring an eye-pleasing, attractive façade with puzzle-like stylish blocks in bright, sunny colours, was named a 2018 Retail Architecture Hong Kong award winner at the highly acclaimed International Property Awards for the Asia Pacific region.
「T.O.P This is Our Place」以型格的陽光色系併砌出奪目養眼的時尚外型。憑藉出色的設計，商場贏得享譽國際地產界大獎「2018年度國際房地產大獎 － 亞太區房地產大獎」中的「香港零售建築優勝獎」
Korea’s Hit Sticky Monster Lab on Display,
and Football-themed Pop-up Stores
韓國黏黏怪物型爆登場 主題Pop Up Store迎足球盛事
Echoing the T.O.P brand’s #gowithmyflow philosophy, the mall has joined hands with Sticky Monster Lab (SML) from South Korea to host the city’s first-ever SML Expo, putting SML’s irresistibly cute monsters on display untill 10 September 2018. In addition, during the period of the international soccer tournament, T.O.P kicked up more excitement by bringing in the Nike Football Hub and T.O.P x GOAL DX Pop-Up Store, as well as broadcasting live matches for football-loving shoppers.
為配合「#愛hea又如何」品牌哲學，T.O.P推出「SML EXPO黏黏怪物研究所十周年展 –香港站」，富旺角特色的黏黏怪物分佈場內場外，展期至2018年9月10日。商場亦與市民一齊投入足球熱潮，引入Nike Football Hub及T.O.P x GOAL DX Pop-Up Store，並直播多場國際球賽。
@T.O.P
支持新晉歌手
“As a popular hang-out for all, T.O.P offers a platform for performers of various genres to showcase their music talents, highlighting Mongkok’s multifaceted culture. The music shows at T.O.P know no physical boundary, as the public may also view them on the large-screen in-mall TV and T.O.P App, while interacting with others, both inside and outside the mall."
— JL, an up-and-coming musician performing at T.O.P
「T.O.P是屬於大家的地方，建立一個平台讓不同類型的歌手在這裡展示他們的音樂才華，發揮自我，展現旺角的多元文化。T.O.P音樂show完全沒有地域界限，大家可於場內大型電視及T.O.P 手機程式內同步欣賞演出，無論場內場外都可即時互動，表達自我。」
— 於T.O.P表演的新晉音樂人 JL
“Bursting with raw energy, Mong Kok is a popular hang-out for young people. With lots of busy people going about their business, this place reminds me of hives for people, and has inspired me to create this bee-themed graffiti for T.O.P.”
- Cara To, an artist whose bee-themed graffiti adorns the walls and staircase of T.O.P
「旺角是最多年輕人留下足跡的地方，活力澎湃，步伐急速，就如一個由人組成的蜂巢，啟發我為T.O.P.創造蜜蜂為主題塗鴉。」
- 塗鴉藝術家Cara To，以其蜜蜂主題作品美化T.O.P牆壁及梯間
T.O.P is about giving people the space to chill out. Apart from the Space-Out Garden on the podium, the innovative T.O.P mobile app also gives chillsters the chance to interact with buddie, besides updating on trends and happenings at T.O.P.
T.O.P提倡Hea與Chill Out 的生活態度，除了於平台設立「放空花園」，更特別推出T.O.P APP，讓顧客獲得最新的商場及潮流資訊，更有不少創新的功能隨時與好友互動。
Great Fun and Food at Fu Shin Shopping Centre
吃喝玩樂 盡在富善商場
The newly renovated Fu Shin Shopping Centre in Tai Po brandishes an air of adventure and chilhood excitement with the introduction of playground operator Jumpin Gym U.S.A.’s largest outlet in the New Territories. It houses a host of new eateries including Dragon Delight, Hachinoheya, Mixian Sense and Da Nang. Escalators and auto doors at the main entrance were added to improve accessibility, while a new cluster of small shops, offering electrical goods, fashion and baked goods on the ground floor help enhance retail choice for customers.
大埔富善商場完成資產提升展現活力，開設美國冒險樂園新界區最大型的室內遊樂場，提供各式歷奇玩樂設施，更有龍悅酒樓、八戶屋和食料理、韓.台.站、米線陣、峴港越南餐廳等食肆進駐，網羅中、日、韓越式菜餚。商場主要出入口處增設了雙向扶手電梯和自動門，令商場更加暢通易達，地下樓層亦引入全新商店區，涵蓋電器店、時裝店、麵包店等，以增加零售選擇。
Oceanic Look of Sam Shing Commercial Centre
三聖商場 現海洋新風
The retail block of Sam Shing Commercial Centre in Tuen Mun has undergone a complete facelift to unlock the potential of its seaside location, introducing three new eateries offering Chinese, Sichuan and South-East Asian cuisines. Featuring a new oceanic logo and colour tone, the refurbished property offers a new, welcoming entrance area equipped with a glass wall, as well as a barrier-free access ramp and elevator for greater accessibility and visibility. The floor layout has also been reconfigured to maximise sea-view frontage for the dining area.
屯門三聖商場完成優化零售大樓，變身臨海餐飲熱點，新引入三間食肆，供應中式、四川及東南亞美食。商場更換上全新海洋主題標誌和色調，並於入口位置採用玻璃幕牆設計，還設有無障礙斜道和升降機。樓面佈局亦已重新規劃，令餐飲區盡享海景。
Fresh Food Galore at
Retro-Style Red Market in Kwong Yuen
廣源市場 Red Market 網羅新鮮食材
Featuring a vintage industrial look, the newly refurbished, operator-run Red Market in Kwong Yuen Estate brings together elements like red bricks, pallets and rusty-looking steel plates to create a retro atmosphere. Home to nearly 60 stalls, the market boasts a cooked food corner with most stalls operating till 2 am, providing a much sought-after late-night snacking hotspot for the neightbourhood.
由街市承租商營運的廣源市場換上型格工業風裝潢，以水泥、紅磚、鐵材等為主要元素，配合以水管懸吊的電燈、送貨卡板、仿鏽跡牆柱鐵皮，營造復古氣息。場內近60個商鋪及小食街，齊集各地地道美食，大部分食店營業至凌晨2時，為區內居民打造「宵夜新天堂」。
Video短片
全國工商聯季度聚會
與業界分享
Chairman Nicholas Allen shared his views on the outlook of real estate markets in Hong Kong and mainland China at the quarterly luncheon of China Real Estate Chamber of Commerce Hong Kong and International Chapter.
主席聶雅倫獲邀出席全國工商聯房地產商會香港及國際分會季度午餐會，跟業界領袖分享對香港及內地房地產市場的看法。
城市土地學會亞太峰會
CEO George Hongchoy was the co-chair of the Experiential Retail Panel at the ULI Asia Pacific Summit. In his opening remarks, George said that instead of referring to merely physical location, the idea of convenience has evolved to mean “variety of choice” for where you shop, how you shop and what you shop for, and that retailers and landlords alike must adapt their ways to match shoppers’ changing value.
行政總裁王國龍出席城市土地學會亞太峰會，並主持零售分組的討論。他於開場發言表示，「方便」這個概念於今天已不限於地理位置，更指就購物地點、購物方式、貨品，為消費者提供更多選擇，而零售商及業主必須調整營運方式配合購物者不斷轉變的價值。
亞太房地產協會亞太地區房地產領袖峰會
CEO George Hongchoy shared his views on market trends and growth opportunities as a member of the panel on “Crystal Ball…winners, losers, turning points and boardroom dynamics” at the APREA AsiaPac Property Leaders’ Summit 2018.
行政總裁王國龍出席亞太房地產協會亞太地區房地產領袖峰會，參與其中有關亞太地區房地產行業展望的座談會，分享對市場趨勢和增長機遇的看法。
投資者關係大獎
Link emerged as a big winner at the 4th Investor Relations Awards organised by the Hong Kong Investor Relations Association, winning ten awards including Best IR Company, Best IR by Chairman/CEO, Best IR by CFO, Best IRO (Investor Relations Officer), Best IR in Corporate Transaction, Best Investor Meeting, Best Digital IR, Best Investor Presentation Material, Best Annual Report and 3 years IR Awards Winning Company.
領展於香港投資者關係協會主辦的「第四屆香港投資者關係大獎」中共獲十項殊榮，包括「最佳投資者關係公司」、「最佳投資者關係（主席 / 行政總裁）」、「最佳投資者關係（財務總監）」、「最佳投資者關係專員」、「企業交易最佳投資者關係」、「最佳投資者會議」、「最佳數碼投資者關係」、「最佳投資者推介素材」、「最佳年報」及「投資者關係大獎(連續三年)」。
亞洲卓越大獎
At the 8th Asian Excellence Award organised by Corporate Governance Asia, Link garnered three awards: Asia's Best CEO (Investor Relations), Best Environmental Responsibility and Best Investor Relations Company (Hong Kong).
在《亞洲企業管治》雜誌主辦的第八屆亞洲卓越大獎中，領展奪得三個獎項，包括「亞洲最佳行政總裁(投資者關係)」、「最佳環境責任」及「香港最佳投資者關係公司」。
中國購物中心及零售商大獎
Link's “Stanley Plaza Finnish Christmas Wonders” campaign won the Silver Award in the category of Traditional Marketing at the 2018 ICSC China Shopping Centre & Retailer Awards, organised by the International Council of Shopping Centers.
領展「赤柱廣場芬蘭聖誕市集」在由國際購物中心協會 (ICSC) 主辦的「2018 ICSC中國購物中心及零售商大獎」中，榮獲傳統市場推廣組別銀獎。
商用物業數碼創意獎
For its efforts in enhancing business operations with property technology, Link won a “Best Use of Automation” award in the Retail Real Estate category at the Digie Awards organised by Realcomm.
領展利用地產科技應用，有效提升業務營運，於在Realcomm「商用物業數碼創意獎 2018」，榮獲零售房地產組別「最佳自動化應用獎」，以示表揚。
