Market Signal

Hongkong Land in Talks to Buy Majority Stake in Singapore Orchard Road Buildings

Sourced from 3 publications

  • •Hongkong Land is negotiating with Hotel Properties Ltd for a majority stake in three Orchard Road buildings, per The Star.
  • •The acquisition would position Hongkong Land in Singapore's most prominent shopping district, a corridor that commands some of the highest rents in Asia-Pacific.
  • •Ascott plans two additional properties near Tokyo Station, deepening its concentration around Japan's busiest transit node.
  • •Investors tracking Asian commercial real estate should note the continued flow of capital into prime physical assets in Singapore and Tokyo.

Sources

Hongkong Land eyes tycoon’s Singapore assets

Thestar

Celebrity IP retailers tap China’s consumption trend

Thestar

Singapore residence provider Ascott bets on Tokyo Station area

Nikkei

Replacement for downtown S.F. eyesore comes into focus, with office skyscraper p...

Bizjournals

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Curated from 3 sources. Every summary is reviewed for accuracy, but may still contain errors. We always link to original sources for verification.

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