Hong Kong-based Link REIT, a unit of investment firm Link Asset Management Ltd, has agreed to buy Central Walk in Shenzhen, China for 6.6 billion yuan ($982 million).

The five-storey property features more than 83,000 square feet of retail space and 741 car park lots.

The move comes less than three months after Link REIT acquired a $380.6 million mall in Beijing.

Link Asset was acquiring the shopping centre, which has 140,000 square metres of gross floor area, from an independent private investor valued at $7,000 per square metre.