The Link Management Limited (“The Link”), as the manager of The Link Real Estate Investment Trust (“The Link REIT”; Hong Kong stock code: 823), announced today that The Link and China Vanke Co., Ltd. (“China Vanke”) have held off discussion on the Longgang Vanke Mall in Shenzhen upon the expiry of the Letter of Intent due to difference on terms. No material impact was caused by the suspension.
The non-binding Letter of Intent signed by both companies in November 2014 expires today. While no further timeline has been set for the project, The Link will continue to look for future cooperation with China Vanke.
For more details, please refer to the announcement available on the corporate website: