{"id":325176,"date":"2022-07-19T21:15:49","date_gmt":"2022-07-19T13:15:49","guid":{"rendered":"https:\/\/www.mingtiandi.com\/?p=325176"},"modified":"2022-08-15T15:43:47","modified_gmt":"2022-08-15T07:43:47","slug":"link-reit-sees-more-opportunities-in-2022-mtd-tv","status":"publish","type":"post","link":"https:\/\/www.mingtiandi.com\/real-estate\/events\/link-reit-sees-more-opportunities-in-2022-mtd-tv\/","title":{"rendered":"Link REIT CEO Still in Buying Mode as Downturn Sparks Opportunity: MTD TV"},"content":{"rendered":"<div class=\"container-lazyload container-vimeo js-lazyload--not-loaded\"><a href=\"https:\/\/player.vimeo.com\/video\/731224122?h=00627844c1\" id=\"731224122\" class=\"lazy-load-vimeo preview-lazyload preview-vimeo\" data-video-thumbnail=\"https:\/\/i.vimeocdn.com\/video\/1471916367-9fd656332b4bb0c6f5591d6f57d31ee19d100fd0f7728f5a5e5a134ffad5c666-d_295x166\" data-video-title=\"Asia REIT Forum 2022: Spotlight Interview with Link REIT CEO George Hongchoy\" title=\"Play video &quot;Asia REIT Forum 2022: Spotlight Interview with Link REIT CEO George Hongchoy&quot;\">https:\/\/player.vimeo.com\/video\/731224122?h=00627844c1<\/a><noscript>Video can&#8217;t be loaded because JavaScript is disabled: <a href=\"https:\/\/player.vimeo.com\/video\/731224122?h=00627844c1\" title=\"Asia REIT Forum 2022: Spotlight Interview with Link REIT CEO George Hongchoy\">Asia REIT Forum 2022: Spotlight Interview with Link REIT CEO George Hongchoy (https:\/\/player.vimeo.com\/video\/731224122?h=00627844c1)<\/a><\/noscript><\/div>\n<p>&nbsp;<br \/>\nAfter buying 17 assets in 15 months for a total of HK$26 billion ($3.3 billion), the CEO of Asia\u2019s biggest REIT still sees acquisition opportunities as regional markets face a potential downturn in property values and interest rates move higher.<\/p>\n<p>Link REIT has provided continuous distribution growth in the 17 years since its IPO and recently widened its scope with investments in Australia and the UK and new asset classes like logistics properties in mainland China, George Hongchoy, executive director and chief executive at the Hong Kong-listed trust, told MTD TV on Tuesday.<\/p>\n<p style=\"text-align: center;\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"mingt-2120792261\"><a data-no-instant=\"1\" href=\"https:\/\/info.altusgroup.com\/apac-altus-valuation\/?utm_campaign=23_AA_APAC_VA_Brand_Mingtiandi-Display-Ads_Website&#038;utm_medium=display-digital&#038;utm_source=&#038;utm_content=Website&#038;sfid=7012M000002m8TN\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Altus - Valuation Management 780x250 Banner\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01.png\" alt=\"Altus - Valuation Management 780x250 Banner\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01.png 1560w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-400x128.png 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-1024x329.png 1024w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-1536x493.png 1536w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/10\/Valuation-management-Mingtiandi-ads-01-640x206.png 640w\" sizes=\"(max-width: 1560px) 100vw, 1560px\" width=\"780\" height=\"250\"  style=\"display: inline-block;\" \/><\/a><\/div><\/p>\n<p>In a spotlight interview with Mingtiandi founder Michael Cole, Hongchoy pointed up the advantages enjoyed by the HK$212.8 billion real estate investment trust in terms of strategy, scale and financing amid a challenging environment for global asset managers.<\/p>\n<p>\u201cIn these turns in market cycles, assets are becoming available for us to consider,\u201d he said during the 45-minute session sponsored by Yardi. \u201cWhen it\u2019s all going up, there\u2019s a lot more competition. With our balance sheet, with our ways of managing these assets, this sort of slightly uncertain market helps us to be competitive in winning some of these assets.\u201d<\/p>\n<h3>Broader Strategy<\/h3>\n<p>The last year and a half saw Link branch out from its traditional focus on community retail in Hong Kong to explore new geographies and asset classes, including offices and malls in <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/outbound-investment\/link-reit-buying-into-oxford-properties-investa-aussie-assets\/\">Sydney and Melbourne<\/a> and <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/logistics\/link-reit-to-acquire-jiaxing-changshu-warehouses\/\">warehouses in key China markets<\/a> like Beijing, the Greater Bay Area and the Yangtze River Delta centred on Shanghai.<\/p>\n<div id=\"attachment_323026\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" aria-describedby=\"caption-attachment-323026\" class=\"wp-image-323026 size-shareaholic-thumbnail\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/02\/George-Hongchoy-Link-REIT-e1657112900394-640x512.jpg\" alt=\"George Hongchoy, Executive Director &amp; Chief Executive Officer, Link REIT\" width=\"640\" height=\"512\" \/><p id=\"caption-attachment-323026\" class=\"wp-caption-text\">George Hongchoy, Executive Director &amp; Chief Executive Officer, Link REIT<\/p><\/div>\n<p>Hongchoy noted that while the turbulent marketplace poses some underwriting challenges for Link, it also puts up obstacles to some of the trust\u2019s keener rivals.<\/p>\n<p>\u201cIndividual assets will be a bit more challenged by someone with special reasons to buy,\u201d he said, \u201cbut in terms of portfolio ones, you get to a certain size, I think we do have the advantage against a few of our competitors.\u201d<\/p>\n<p style=\"text-align: center;\"><a data-no-instant=\"1\" href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/oxford-ivanhoe-kic-savills-on-singapore-india-markets\/\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"14 NOVEMBER 2023 conrad centennial Singapore\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg\" alt=\"\"  srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore.jpg 780w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-400x128.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/14-NOVEMBER-2023-conrad-centennial-Singapore-640x205.jpg 640w\" sizes=\"(max-width: 780px) 100vw, 780px\" width=\"780\" height=\"250\"   \/><\/a><\/p>\n<p>Link\u2019s low borrowing costs and strong pricing power in dealing with retail tenants have helped lessen the strain of rising interest rates, and Hongchoy underscored the resilience of the trust\u2019s portfolio of community malls as COVID-19 mounted a comeback in some cities.<\/p>\n<p>\u201cWe\u2019re very lucky in Hong Kong and China that despite some of the restrictions in terms of number of hours of operations for restaurants, by and large these two places really did not have very strict lockdowns \u2014 Shanghai briefly,\u201d he said. \u201cHong Kong alone in the last 12 months, we had over 300 new shops open. So we can churn, we can make it more productive as a result. Occupancy in fact has gone to an all-time high.\u201d<\/p>\n<h3>Growing Management Team<\/h3>\n<p>Link REIT has been building up its management team as the trust casts a wider net for investment opportunities internationally. In June, Link announced the hiring of a <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/people\/kenny-lam-ronald-tham-haiqun-zhu-join-link-reit\/\">trio of executives<\/a> including Manulife veteran Kenny Lam to tap into business prospects in the region.<\/p>\n<p>Earlier this year, Link appointed Charter Hall retail veteran <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/people\/link-reit-appoints-charter-halls-greg-chubb-as-coo-intl\/\">Greg Chubb<\/a> as chief operating officer for international to oversee asset management, leasing and corporate functions in Australia, Britain and locations across Asia beyond the REIT\u2019s home city of Hong Kong and its established presence in mainland China.<\/p>\n<p style=\"text-align: center;\"><div style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"mingt-270874685\"><a data-no-instant=\"1\" href=\"https:\/\/www.yardi.asia\/Resource\/?resource=Technology+Transformation+in+Asian+Real+Estate+%28White+Paper%29&#038;utm_source=mingtiandi&#038;utm_medium=website&#038;utm_campaign=wp23ttare\" rel=\"noopener\" class=\"adv-link\" target=\"_blank\" aria-label=\"Yardi &#8211; Asia Proptech Report 2023 v2_250\"><img decoding=\"async\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2023\/11\/Yardi-Asia-Proptech-Report-2023-v2_250.gif\" alt=\"\"  width=\"780\" height=\"250\"  style=\"display: inline-block;\" \/><\/a><\/div><\/p>\n<p>\u201cStrengthening the management bandwidth is a significant step for us, in order to build the capability to continue to grow,\u201d Hongchoy said Tuesday. \u201cOne must admit that we are looking ahead to some volatile times, and to strengthen the bandwidth, to have more brains on the team, to be able to analyse and model and figure out how we can manage a business that will be challenged, that we continue to provide sustainable growth \u2014 we need the brainpower.\u201d<\/p>\n<p>One reason for adding more people is to go to more places, the CEO said. Link is looking as far afield as London and Tokyo to add to the REIT\u2019s portfolio of 127 properties.<\/p>\n<p>\u201cThe idea of broadening this opportunity set, providing us the liquidity, with the expertise that we have added, hopefully we\u2019ll do better deals, the right deals at the time when the market presents those to us,\u201d Hongchoy said.<\/p>\n<h3>Greater China Panel Next<\/h3>\n<p>Mingtiandi\u2019s APAC REIT Forum concludes next Tuesday with a panel discussion on <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/panel-greater-china-reit-opportunities-2022\/\">Greater China REIT opportunities<\/a>.<\/p>\n\n\t\t<style type=\"text\/css\">\n\t\t\t#gallery-1 {\n\t\t\t\tmargin: auto;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-item {\n\t\t\t\tfloat: left;\n\t\t\t\tmargin-top: 10px;\n\t\t\t\ttext-align: center;\n\t\t\t\twidth: 33%;\n\t\t\t}\n\t\t\t#gallery-1 img {\n\t\t\t\tborder: 2px solid #cfcfcf;\n\t\t\t}\n\t\t\t#gallery-1 .gallery-caption {\n\t\t\t\tmargin-left: 0;\n\t\t\t}\n\t\t\t\/* see gallery_shortcode() in wp-includes\/media.php *\/\n\t\t<\/style>\n\t\t<div data-carousel-extra='{\"blog_id\":1,\"permalink\":\"https:\\\/\\\/www.mingtiandi.com\\\/real-estate\\\/events\\\/link-reit-sees-more-opportunities-in-2022-mtd-tv\\\/\"}' id='gallery-1' class='gallery galleryid-325176 gallery-columns-3 gallery-size-thumbnail'><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/attachment\/hubert-chak-sf-reit-resized\/'><img decoding=\"async\" data-attachment-id=\"323082\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947.jpeg\" data-orig-size=\"779,774\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Hubert Chak, Executive Director and Chief Executive Officer, SF REIT\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947-400x397.jpeg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947.jpeg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Hubert Chak, Executive Director and Chief Executive Officer, SF REIT\" aria-describedby=\"gallery-1-323082\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947-150x150.jpeg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947-400x397.jpeg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947-90x90.jpeg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947-640x636.jpeg 640w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Hubert-Chak-SF-REIT-resized-e1682490579947.jpeg 779w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-323082'>\n\t\t\t\tHubert Chak, Executive Director and CEO, SF REIT\n\t\t\t\t<\/dd><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/attachment\/andrew-chan-cushman-wakefield\/'><img decoding=\"async\" data-attachment-id=\"323271\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Andrew-Chan-Cushman-Wakefield-e1691506206935.jpeg\" data-orig-size=\"640,531\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Andrew Chan, Managing Director, Head of Valuation and Advisory Services, Greater China, Cushman &#038; Wakefield\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Andrew-Chan-Cushman-Wakefield-e1691506206935-400x332.jpeg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Andrew-Chan-Cushman-Wakefield-e1691506206935.jpeg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Andrew-Chan-Cushman-Wakefield-e1691506206935-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Andrew Chan, Managing Director, Head of Valuation and Advisory Services, Greater China, Cushman &amp; Wakefield\" aria-describedby=\"gallery-1-323271\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Andrew-Chan-Cushman-Wakefield-e1691506206935-150x150.jpeg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Andrew-Chan-Cushman-Wakefield-e1691506206935-90x90.jpeg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2022\/07\/Andrew-Chan-Cushman-Wakefield-e1691506206935-260x260.jpeg 260w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-323271'>\n\t\t\t\tAndrew Chan, Managing Director, Head of Valuation and Advisory Services, Greater China, Cushman &#038; Wakefield\n\t\t\t\t<\/dd><\/dl><dl class='gallery-item'>\n\t\t\t<dt class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/www.mingtiandi.com\/real-estate\/events\/join-the-mingtiandi-asia-logistics-forum-2022\/attachment\/jeremy-ong-baker-mckenzie-2\/'><img decoding=\"async\" data-attachment-id=\"313841\" data-orig-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501.jpg\" data-orig-size=\"600,596\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;,&quot;keywords&quot;:&quot;Array&quot;}\" data-image-title=\"Jeremy Ong, Partner, Baker McKenzie\" data-image-description=\"\" data-medium-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501-400x397.jpg\" data-large-file=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501.jpg\" width=\"150\" height=\"150\" src=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"Jeremy Ong, Partner, Baker McKenzie\" aria-describedby=\"gallery-1-313841\" srcset=\"https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501-150x150.jpg 150w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501-400x397.jpg 400w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501-90x90.jpg 90w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501-260x260.jpg 260w, https:\/\/www.mingtiandi.com\/wp-content\/uploads\/2021\/12\/Jeremy-Ong-Baker-McKenzie-e1682999635501.jpg 600w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/dt>\n\t\t\t\t<dd class='wp-caption-text gallery-caption' id='gallery-1-313841'>\n\t\t\t\tJeremy Ong, Partner, Baker McKenzie\n\t\t\t\t<\/dd><\/dl><br style=\"clear: both\" \/>\n\t\t<\/div>\n\n<p>During the one-hour panel session, Hubert Chak of SF REIT, Andrew Chan of Cushman &amp; Wakefield and Jeremy Ong of Baker McKenzie will share their insights on strategies for trusts composed of properties in Hong Kong and mainland China, along with projections for 2022 and beyond.<\/p>\n<p>The month of September brings the four-part <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/join-the-mingtiandi-apac-data-centre-forum-2022\/\">APAC Data Centre Forum<\/a>, kicking off with a spotlight interview of a leading data centre player about the opportunities and challenges for investing in server facilities in Asia Pacific.<\/p>\n<p>On 18 October, the <a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/mingtiandi-singapore-focus-forum-2022\/\">Mingtiandi Singapore Focus Forum 2022<\/a> will welcome market leaders for a full day of face-to-face discussions in Singapore on the opportunities and challenges facing investors in the city-state\u2019s real estate markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"container-lazyload container-vimeo js-lazyload--not-loaded\">https:\/\/player.vimeo.com\/video\/731224122?h=00627844c1Video can&#8217;t be loaded because JavaScript is disabled: Asia REIT Forum 2022: Spotlight Interview with Link REIT CEO George Hongchoy (https:\/\/player.vimeo.com\/video\/731224122?h=00627844c1)<\/div>\n<p>&nbsp; After buying 17 assets in 15 months for a total of HK$26 billion ($3.3 billion),&#8230;&nbsp;<a href=\"https:\/\/www.mingtiandi.com\/real-estate\/events\/link-reit-sees-more-opportunities-in-2022-mtd-tv\/\">Read&nbsp;More>><\/a><\/p>\n","protected":false},"author":9671,"featured_media":325180,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[3456],"tags":[5382,5359,4553,4810,8380,8400,8966],"ppma_author":[8847],"authors":[{"term_id":8847,"user_id":9671,"is_guest":0,"slug":"christopher-caillavet","display_name":"Christopher Caillavet","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/500c291c35a85a2ad5827cf7c6d198e1?s=96&d=mm&r=g","user_url":"","last_name":"Caillavet","first_name":"Christopher","description":""}],"_links":{"self":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/325176"}],"collection":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/users\/9671"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/comments?post=325176"}],"version-history":[{"count":0,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/posts\/325176\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media\/325180"}],"wp:attachment":[{"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/media?parent=325176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/categories?post=325176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/tags?post=325176"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.mingtiandi.com\/wp-json\/wp\/v2\/ppma_author?post=325176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}