Abstract

On November 25, 2005, the Hong Kong Housing Authority (HA) successfully divested a major portion of its shopping and carpark facilities through the listing of the Link REIT. The properties are located within the government housing estates and have been inefficiently managed by the HA. To address its financial crisis and to concentrate on its core objective of providing housing for those who could not afford private accommodations, HA decided to divest these properties.

Learning Objectives

The learning objectives of the case are:

1. To analyze why government needs to review its scope of operation from time to time;
2. To explore which aspects of housing responsibility be passed onto the private sector and the approaches to accomplish it;
3. To examine issues of tendency of infantilization of the society; and
4. To strike a balance between corporate and social responsibilities through leadership;