Hongkong Land

HOT STOCK

Hongkong Land shares jump 9.2% after report of possible Marina One bid

M+S, the owner of the high-rise complex, has reportedly priced the asset at about S$5.7 billion

With interest rates possibly being elevated due to higher energy prices driving rising inflation, improving Suntec Reit’s unit price might be challenging.
HOCK LOCK SIEW

Will Hongkong Land seek to control the manager of Suntec Reit or the trust’s most prized properties?

Investing in a Reit where another group is the sponsor may be hardly optimal for the property giant

Hongkong Land says the acquisition enables the group to deploy recycled capital into prime, income-producing commercial assets in Singapore.

Hongkong Land acquires 10.8% stake in Suntec Reit for S$541 million

It says the move aligns with its ‘positive outlook and conviction in Singapore’s prime commercial property market’

Having recycled 90% of its US$4 billion target and cut net debt by 30%, the group now has ample balance-sheet headroom for new investments. 

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 lower underlying profit was primarily due to decreased contributions from the Hong Kong Central portfolio.

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's lease is for about 100,000 sq ft on three mid-level floors in Asia Square Tower 1 (centre).
SINGAPORE PROPERTY

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’s Singapore Central Private Real Estate Fund is the country's largest commercial real estate private fund.
HOT STOCK

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

View of Asia Square Tower 1. Hongkong Land is the general partner and manager of the fund, and holds a majority stake at inception as a founding investor, along with QIA and APG Asset Management.

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 is estimated to have monetised about S$2 billion of assets in 2025, according to a DBS report.
HOCK LOCK SIEW

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