Legality of Privatizing Public Assets: Link REIT Case Solution And Analysis, HBR Case Study Solution & Analysis of Harvard Case Studies

Real Estate Investment Trusts (REIT) investment proved popular in many countries, including the United States, Australia, Japan and Singapore. They work with pooled capital of investors to acquire or dispose of property. Issued shares are traded on the stock exchanges (as well as stocks and mutual funds), as well as an increase or decrease in value according to changes in the value of the trust portfolio, rental income or other factors. To facilitate the growing budget deficit, housing, the Hong Kong government has made plans to launch in the first public REIT, in the hope of raising much-needed capital from the market. Privatization plan involving retail and car parking within the public housing in the joint property trust Link. However, the announcement was held in conjunction with the claim raised by public housing tenants who are concerned about the future of asset management will not meet the needs of existing tenants adequately. Illustrates the legal problems faced by the government and associated with exposure to key stakeholders in the privatization program. Also demonstrates the importance of a well-structured organizational structure in the privatization. "Hide
on PS Tso, Samuel Tsang Source: University of Hong Kong, 4 pages. Publication Date: Aug 09, 2005. Prod. #: HKU550-PDF-ENG