of 28,385 square metre above the Westfield mall in Sydney's CBD. Sale of properties In mid-2014 Link REIT sold four commercial properties, to four different buyers, for a total of $1.24 billion. The properties are Hing Tin Commercial Centre (in Lam Tin), Kwai Hing Shopping Centre (Kwai Chung), the Tung Hei Court shopping centre (Shau Kei Wan), and Wah Kwai Shopping Centre (Pokfulam). In late 2015 they sold five properties, namely: Fung Wah Estate Retail and Car Park, Ka Fuk Shopping Centre, Kwong Tin Shopping Centre, Siu On Court Retail and Car Park, and Tin Wan Shopping Centre. In late 2016 they sold five properties again, namely: Sui Wo Court Commercial Centre, On Yam Shopping Centre, Sun Tin Wai Commercial Centre, Cheung Hong Commercial Centre and Shek Wai Kok Commercial Centre. Green Bond In July 2016, Link REIT issue a green convertible bonds, raising US$500 million at 2.875% fixed rate due 2026. Change of Name On 19 August 2015, Link announced the changing of its corporate name to Link REIT. Some have alleged that the purpose of the name change is to disassociate itself from its past activities. Senior Leadership Chairman: Nicholas Allen (since April 2016) Chief Executive: George Hongchoy (since May 2010) List of former chairmen Peter Wong (2004–2005) Paul Cheng (2005–2007) Nicholas Sallnow-Smith (2007–2016) List of former chief executives Victor So (2004–2007) Ian Robbins (2007–2010) Criticism Economic hardship on lower classes The Link was called a "bloodsucker" by housing estate residents after the company acquired the Housing Authority shopping centres, renovated them, and raised rents. This has led to local shops being pushed out, higher prices, and the dominance of chain stores within the estates. This trend has reduced entrepreneurship opportunities for lower income people in Hong Kong's public housing estates and new towns, diminishing their chances to achieve social mobility, and has increased the cost of living. A 2012 campaign by The Link to promote "nostalgic restaurants" in its shopping centres was widely derided on social media as hypocritical. Users on Golden Forum and Facebook wrote that the company "first killed the shops, then makes money from their death" and criticised the company for only allowing chain stores in their properties. In 2006, The Link cut thousands of staff, a move "fiercely criticised by unionists, who said Link Management had dishonoured a pledge to protect the welfare of its frontline workers when it took over the operation