Divestment of Housing Authority's retail and carparking facilities |
| Date | Context | Summary of development | Action |
|---|---|---|---|
| 14.1.03 | HG | Members raised questions on the proposed divestment of Housing Authority (HA)'s retail and car-parking facilities during the Briefing by the Secretary for Housing, Planning and Lands on the Chief Executive's Policy Address 2003. | |
| 2.4.03 | CQ | Hon LEUNG Yiu-chung raised a question on the corporatization of commercial business of HA. [Hansard "Page 13"] | |
| 24.7.03 | PRESS | The HA approved a plan to divest its retail and car-parking facilities. [Press release] | |
| 18.10.03 | PRESS | The HA announced the setting up of a Supervisory Group on Divestment to help advise, guide and monitor the implementation of the plan to divest the HA's retail and car-parking facilities. [Press release] | |
| 31.10.03 | PRESS | The HA announced the appointment of Joint Global Co-ordinators, Financial Adviser and Auditor for the divestment of its retail and carparking facilities. [Press release] | |
| 3.11.03 | HG | The Panel discussed the LegCo Brief on divestment of HA's retail and car-parking facilities [LegCo Brief] with the help of Fact Sheet on Real Estate Investment Trusts prepared by the Research and Library Services Division. [Fact sheet]
The Panel discussed the proposed divestment of the HA's retail and car-parking facilities. [Paper] | |
| 1.12.03 | HG | The Panel discussed the financial information about the operating results of the HA in general, and its retail and carparking facilities in particular. [Paper] | |
| 19.12.03 | PRESS | The HA's Supervisory Group on Divestment agreed in principle to pursue a Real Estate Investment Trust structure for implementing its divestment plan for its retail and car parking facilities. [Press release] | |
| 21.4.04 | PRESS | The HA announced the appointment of Mr Victor SO Hing-woh as the Chief Executive Officer, and Mr Alfred LI Hung-kwan as the Chief Financial Officer, of the new management company for the divestment of its retail and car parking facilities. [Press release] | |
| 21.4.04 | PRESS | The HA announced that a voluntary exit scheme will be introduced for civil servants affected by the HA's plan to divest its retail and car-parking facilities. [Press release] | |
| 3.5.04 | HG | The Panel discussed the progress made on the divestment of the HA's retail and car-parking facilities and the voluntary exit scheme for civil servants affected by the divestment. [Paper] | |
| 5.7.04 | HG | The Panel met deputations and received views from tenants' associations, merchants' associations and doctors' associations on the divestment exercise.
The Panel discussed additional information as requested by Members on the divestment of the HA's retail and car-parking facilities. [Paper] Development to date presented in background brief prepared by the Secretariat. [Paper] | |
| 13.7.04 | PRESS | The HA announced that it has approved a voluntary exit scheme for about 650 surplus staff arising from divestment of its retail and car parking facilities. [Press release] | |
| 11.8.04 | PRESS | Chief Executive Officer of Link Management Ltd pledged to create a favourable business environment for the HA's retail and carparking facilities after divestment. [Press release] | |
| 20.10.04 | CQ | Hon Emily LAU raised a question on HA's divestment programme for its retail and car-parking facilities. [Hansard, "page 87"] | |
| 22.11.04 | HG | The Panel discussed the latest progress on the divestment of the HA's retail and car-parking facilities. [Paper]
Development to date presented in background brief prepared by the Secretariat. [Paper] Motion was moved and passed. [Minutes] The Panel circulated to members a letter from the Administration providing information on the impact of the divestment of the HA's retail and carparking facilities on its contract staff. [Follow-up paper] | |
| 1.12.04 | CM | Adjournment debate moved by Hon Albert Jinghan CHENG on The Link Real Estate Investment Trust (REIT) was negatived. [Hansard, "page 104"] | |
| 5.1.05 | CQ | Hon Jeffrey LAM Kin-fung raised a question on the postponement of the listing of The Link REIT. [Hansard, "page 10"] | |
| 26.1.05 | CQ | Dr Hon Fernando CHEUNG Chiu-hung raised a question on the granting of rent concessions by the HA and of the LINK to certain organizations or individuals. [Hansard, "page 203"] | |
| 2.3.05 | CQ | Hon CHEUNG Chiu-hung raised a question on granting rent concessions by the LINK to social welfare agencies and educational organization [Hansard, "page 62"] | |
| 25.5.05 | CQ | Hon LEUNG Kwok-hung raised a question on taking over HA's assets of and services by the Link REIT. [Hansard, "Page "61"] | |
| 6.9.05 | PRESS | HA's decision to re-launch global offering of units in a REIT. [Press release] | |
| HG | Advance copy of the public announcement to be made by the HA regarding its decision to re-launch the global offering of units in a Real Estate Investment Trust to implement its decision to divest its retail and car parking facilities [Paper] | ||
| HG | Information paper provided by the Administration explaining the basis of the Government's decision to allow HA to retain the proceeds from the divestment of its retail and car-parking facilities [Paper] | ||
| 20.10.05 | HG | The Panel discussed the latest progress on the divestment of the HA's retail and car-parking facilities. [Paper]
Development to date presented in background brief prepared by the Secretariat. [Paper] The Administration's reply to the Panel's enquiry on the number of contract staff affected as a result of the transfer of the day-to-day management of the retail and car-parking facilities to the Link Management Ltd, the measures taken to assist them in finding new jobs and whether all of them were in employment; as well as the number of tenancies which had been renewed by the Link with rent increase, status quo or rent decrease. [Follow-up paper] | |
| 9.11.05 | CQ | Hon LEE Wing-tat raised a question on minimum wage protection for workers hired by service contractors of LINK. [Hansard, "page 73"] | |
| 16.11.05 | CQ | Hon LEUNG Kwok-hung raised a question on rentals of shopping centres and carparks under HA. [Hansard, "page 70"] | |
| HG | The Administration has provided an information paper setting out its view on possible divestment of HA's remaining retail and car-parking facilities and those to be built in the future, as well as how certain public concerns about The Link REIT will be handled in future HA divestment projects [Paper] | ||
| 8.3.06 | CQ | Hon Albert Jinghan CHENG raised a question on the Listing arrangements for The Link REIT. [Hansard, "page 32"] | |
| 26.4.06 | CQ | Hon Albert Jinghan CHENG raised a question on the Letting of shops and stalls to single operators by The Link Management Limited. [Hansard, "page 84"] | |
| 9.5.06 | HG | Information paper provided by the Administration briefing Members on the provision and management of retail and car-parking facilities in public housing estates after their divestment. [Paper]
Development to date presented in background brief prepared by the Secretariat. [Paper] | |
| 5.6.06 | HG,MP | Information paper provided by the Administration briefing Members on the provision and management of retail and car-parking facilities in public housing estates after their divestment. [Paper]
Development to date presented in background brief prepared by the Secretariat. [Paper] | |
| 20.12.06 | CQ | Hon LI Kwok-ying raised a question on the Medical centres in the shopping centres managed by The Link Management Limited. [Hansard, "page 68"] | |
| 4.1.07 | HG | Information paper provided by the Administration briefing Members on the provision and management of retail and car-parking facilities in public housing estates after their divestment. [Paper] Development to date presented in background brief prepared by the Secretariat. [Paper] | |
| 7.2.07 | CQ | Hon LEUNG Yiu-chung raised a question on the Tenancy arrangements of the Link. [Hansard, "page 31"] | |
| 28.2.07 | CQ | Hon LEUNG Kwok-hung raised a question on Outsourced service contracts awarded by various government departments and the Link Management Limited [Hansard, "page 27"] | |
| 12.3.08 | CQ | Hon LEUNG Kwok-hung raised a question on Provision of shops and facilities in public housing estates. [Hansard, "Page 68"] | |
| 11.6.08 | CQ | Hon LEUNG Kwok-hung raised a question on Management of common areas in public housing estates. [Hansard, "Page 7"] | |
| 25.6.08 | CQ | Hon LAU Kong-wah raised a question on Public car parks managed by The Link Management Limited. [Hansard, "Page 99"] | |
| 16.12.08 | HG | Information paper provided by the Administration on the provision and management of retail and car-parking facilities in public housing estates after their divestment. [Paper]
Development to date presented in background brief prepared by the Secretariat. [Paper] The Administration has provided information on the income profile of estate tenants from 2005 to 2008. [Follow-up Paper] | |
| 2.2.09 | HG | Information paper provided by the Administration on the rent policy, the rent level changes of the retail facilities (including wet markets), carparking and factory premises of HA, and the recent rent relief measures offered to the retail and factory tenants to assist them to tide over the financial difficulties amid the global financial turmoil. [Paper] | |
| 28.9.09 | HG | Information paper provided by the Administration on the arrangement on management fees of common areas shared between HA and The Link REIT, and the progress of transfer of the legal titles of the divested commercial and car parking facilities. [Paper]
Development to date presented in background brief prepared by the Secretariat. [Paper] The Administration has provided information on the roles of HA in monitoring the performance of The Link and as Deed of Mutual Covenant (DMC) manager in enforcing DMC provisions; and the waiver fee system in leasing car parking facilities to non-residents by The Link, and the outstanding waiver fees to be paid by The Link. [Follow-up Paper] | |
| 2.12.09 | CQ | Hon Fred LI Wah-ming raised a question on waivers of lease conditions granted in respect of car parking facilities divested by HA. [Hansard, "Page 60"] | |
| 27.1.10 | CQ | Hon WONG Kwok-kin raised a question on shopping arcades under The Link Management Limited. [Hansard, "Page 61"] | |
| 14.4.10 | CQ | Hon Fred LI Wah-ming raised a question on progress of upgrading of the fire safety installation in retail and car parking facilities under The Link Management Limited. [Hansard, "Page 59"] | |
| 16.4.10 | HG | Information paper provided by the Administration on the arrangements for the management of the commercial and car parking facilities divested by the Hong Kong Housing Authority (HA) to The Link REIT [Paper]
Development to date presented in background brief prepared by the Secretariat. [Paper] The Administration has provided supplementary information on the latest position on payment of retrospective waiver fee in respect of car parks held by The Link Real Estate Investment Trust. [Follow-up Paper] |