Hongkong Land
From war chest to growth: Hongkong Land eyes new investments after US$3.6 billion capital recycling
The group is ‘very positive’ on the Singapore market, and looks to expand its presence through the new private fund or development opportunities
Hongkong Land’s underlying profit down 8% at US$458 million for FY2025
Earnings per share stood at US$0.5785 from a loss per share of US$0.6276 in the year before
Amazon to exit Asia Square; Shell likely to take over its prime CBD space
The tech giant’s lease for 100,000 sq ft in Tower 1 is said to be expiring in July
Hongkong Land closes 0.6% lower after hitting 10-year intraday high on Singapore private fund launch
New fund includes company’s stakes in Marina Bay Financial Centre Towers 1 and 2, Marina Bay Link Mall and One Raffles Quay
Hongkong Land launches S$8.2 billion private fund with portfolio including Asia Square Tower 1 and One Raffles Link
Singapore’s largest commercial real estate private fund is targeting to reach at least S$15b in gross asset value
CDL may catch up with its soaring peers
The developer has been actively unlocking value, but is trading at a much steeper discount to RNAV than UOL
Hongkong Land should do a listed Reit with its Singapore commercial properties instead of a private fund
A Reit is a permanent platform that can grow
Hongkong Land hives off MBFC Towers 1 and 2, One Raffles Quay into new S$8 billion Singapore private fund
It will be Singapore’s biggest private real estate fund; move follows divestments of other major assets
Hongkong Land shares close 3.5% down following news of S$8 billion real estate fund
The new fund will be the biggest private real estate fund in Singapore
Hongkong Land shares end 5.5% higher on S$1.45 billion sale of MBFC stake
The group is selling its share to Keppel Reit, which will have a two-thirds interest in the property upon completion
