Annual Report 2007 - The Link REIT

More documents

Recommendations

Info

38 The Link Real Estate Investment Trust Annual Report 2007 Management Discussion and Analysis Three Completed Asset Enhancement Projects Asset Enhancement remains one of the main drivers of the Manager’s effort to improve the quality of the portfolio, to optimise trade mixes and to raise rental income. According to a survey of shoppers carried out recently, the results indicated that the overall customer satisfaction scores of customers are up over 60% Customer Satisfaction Score - Tsz Wan Shan Customer Satisfaction Score - Hau Tak 3 Average Score 8 7 6 5 4 3 2 1 0 64% 4.4 Before Renovation 7.2 After Renovation Source: The Hong Kong Polytechnic University survey, June 2006 and September 2006 A score from 1-10, 1 is the lowest, 10 is the highest 1 Average Score 8 7 6 5 4 3 2 1 0 66% 4.7 Before Renovation 7.8 After Renovation 4 2 5 1. Tsz Wan Shan Shopping Centre – Public Transport Interchange • The renovated side-walk near the bus terminal improves the ambience and brings in more variety of shops 2. Tsz Wan Shan Shopping Centre – 7/F • The newly introduced “Medical Zone” provides convenience and a better environment for users 3. Tsz Wan Shan Shopping Centre – New Escalators to 5/F • Higher foot-fall is generated after the Manager installed a pair of new escalators from the bus terminal 4. Hau Tak Shopping Centre • Positive feedback is noted from customer satisfaction survey 5. Lung Cheung Mall – New Shopping Zone • The new corridor links up the additional shopping zone with the main atrium
Annual Report 2007 The Link Real Estate Investment Trust 39 Management Discussion and Analysis Twenty Three Asset Enhancement Projects in Progress Examples of the twenty three projects in progress are as follows: Lok Fu Shopping Centre • The renovation works will be carried out in phases and the completion of the ground floor area will showcase the new ambience to tenants and visitors 1 4 2 3 5 1. The concept of “Market Mall” will blend the local dry market tenants with the upgraded shopping environment 2. New trades are attracted after completion of common area enhancement 3. The mall transformation started with facilities improvement to the entrance common area on thefirstfloor 4. The newly renovated zone with decorative lighting has become a focal meeting point for shoppers 5. A new outdoor terrace has been introduced. Customers can enjoy both outdoor and indoor shopping experiences
Page 1 and 2: Stock Code: 823 The Link Real Estat
Page 3 and 4: Annual Report 2007 The Link Real Es
Page 39: Annual Report 2007 The Link Real Es
Page 91 and 92:
Annual Report 2007 The Link Real Es
Page 93 and 94:
Page 95 and 96:
Page 97 and 98:
Page 99 and 100:
Page 101 and 102:
Page 103 and 104:
Page 105 and 106:
Page 107 and 108:
Page 109 and 110:
Page 111 and 112:
Page 113 and 114:
Page 115 and 116:
Page 117 and 118:
Page 119 and 120:
Page 121 and 122:
Page 123 and 124:
Page 125 and 126:
Page 127 and 128:
Page 129 and 130:
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Page 163 and 164:
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Designed and produced by : Equity F
show all

Annual Report 2007 - The Link REIT

Create successful ePaper yourself

Delete template?

Save as template?