Hongkong Land should do a listed Reit with its Singapore commercial properties instead of a private fund
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Hongkong Land Holdings is advancing in fund management by launching the Singapore Central Private Real Estate Fund (SCPREF), expected to be Singapore's largest private real estate fund with over S$8 billion in assets. The fund will focus on prime commercial assets, including interests in One Raffles Quay, Marina Bay Financial Centre Towers, and One Raffles Link, totaling S$3.9 billion in property value and 3.2 million square feet of office space.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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