// Adds dimensions UUID, Author and Topic into GA4
Sunday, September 13, 2026
28.8 C
Singapore
type here...
Singapore buildings
Photo: Freepik/freestockcenter
BusinessProperty
1 min.Read

Hongkong Land to launch S$8B Singapore private real estate fund focused on managing prime commercial properties

Mary Alavanza
By Mary Alavanza

SINGAPORE: Property group Hongkong Land announced on Friday (Dec 12) that it will launch its first private real estate fund with more than S$8 billion of assets under management (AUM) at inception.

The Singapore Central Private Real Estate Fund (SCPREF) will solely focus on managing prime commercial property assets in the city-state and is expected to be the largest private real estate fund in Singapore.

The fund will be seeded by the company’s Singapore commercial portfolio and other assets acquired by the fund on inception and over time, the company added.

Hongkong Land did not provide a specific date and time of the launch for the fund, but further announcements will be made in the first quarter of 2026 (Q1 2026).

The announcement follows the sale of Hongkong Land’s interest in Marina Bay Financial Centre Tower 3 to Keppel REIT for approximately S$1.5 billion.

Hongkong Land will transfer its interests in One Raffles Quay and Marina Bay Financial Centre Towers 1 and 2 to the fund with a total attributable property value of S$3.9 billion as of June 30, 2025, it added.

The company said the fund is expected to launch with AUM more than double its seed portfolio, adding that the establishment of the fund is part of the company’s strategy to grow its AUM to US$100 billion (S$129.20 billion) by 2035. /TISG

Read also: Keppel DC REIT completes acquisition of two Singapore data centre buildings in S$8.4M deal

Google News Follow Google News WhatsApp Join us on WhatsApp Telegram Follow us on Telegram

Hot this week

Personal Finance

‘Life is but a bunch of unwanted surprises’: Singaporean says having an emergency fund helps him stay calm

After going through consumer debt, he said rebuilding his finances taught him the value of having money set aside for emergencies.
Malaysia

171 Sungai Kim Kim victims win civil suit against factory and two Singaporean directors seven years after toxic waste disaster

Seven years after the Sungai Kim Kim disaster, 171 victims have secured a civil court victory against four defendants, including two Singaporean nationals. The amount of damages will be decided later.

Popular Categories

Singapore NewsFeatured NewsSG EconomySingapore PoliticsLifestyleCelebrityIn the Hood
document.addEventListener("DOMContentLoaded", () => { const trigger = document.getElementById("ads-trigger"); if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { entries.forEach(entry => { if (entry.isIntersecting) { lazyLoader(); // You should define lazyLoader() elsewhere or inline here observer.unobserve(entry.target); // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); observer.observe(trigger); } else { // Fallback setTimeout(lazyLoader, 3000); } });

The Independent SG

Also Visit

Social Media

© The Independent Singapore

// //
Enable Notifications OK No thanks