Hongkong Land
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
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
