Hongkong Land
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
Hongkong Land Q3 profit falls 13% on lower contributions from its office portfolio
Company says outlook for its full-year financial results remains unchanged
Hongkong Land closes 1.2% higher on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential build-to-sell sector
Malaysia’s Sunway to buy Hongkong Land’s development arm MCL Land for S$738.7 million cash
The sale is effectively at net asset value, says Hongkong Land chief executive Michael Smith
Hongkong Land leans on ‘hotelification’ to boost Singapore office portfolio performance
Hongkong Land seeks to provide a hotel-like experience for workers and visitors in its buildings in Marina Bay
Hongkong Land sees recovery in office market with more demand
The real estate firm owns office buildings and shopping malls in Hong Kong, Singapore and mainland China
Hongkong Land back in the black with H1 underlying profit of US$297 million
Revenue is down 23% year on year to US$751.2 million as the group winds down its build-to-sell business
Jardine Matheson names Lincoln Pan as CEO-designate ahead of group MD John Witt’s retirement
Pan will helm the group as CEO from Dec 1
