Hongkong Land should do a Reit not a private fund with its prime Singapore office assets
Hongkong Land Holdings is pressing ahead with growth in fund management.
The 136-year-old property group said recently that it has made significant advancements towards launching its first private real estate fund – the Singapore Central Private Real Estate Fund (SCPREF).
SCPREF, which is expected to be the largest Singapore private real estate fund with over S$8 billion of assets under management at inception, will focus on prime commercial assets in the city-state.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
More Fashion
LEESA ROWLAND From Hollywood to the Unknown: The Producer, Writer, Actress and Model Creating Her Own Next Chapter
Leesa Rowland has never been defined by just one role. Actress. Model. Writer. Producer. Author. Creative visionary. Philanthropist. Each title represents a different part of a career…
The Rise of Trevor Dutch: Strength, Style and Substance
From New York City to Europe’s Fashion Capitals, Trevor Dutch Is Bringing Strength, Sophistication, and Individuality to Every Frame In a city that never slows down, Trevor Dutch has…
Commentary: This year's Met Gala proved one thing: The real devil who wears Prada is Jeff Bezos
Apparently not content with bankrupting Sears, Toys R Us, Radio Shack and countless other businesses; buying and then maiming the Washington Post; and leading the Tech Bro right turn to…
Bald eagle 'massaging' its mate? AI deepfakes collide with the laws of the wild
Shadow gingerly places one taloned foot, then the other, on Jackie as she hunkers down on the nest. With Big Bear Lake glittering in the distance, he raises each foot in a kneading motion…