Hongkong Land buys Singapore's Wheelock Place for US$900 million

By PulseAugur Editorial · [1 sources] · 2026-07-30 12:46

Hongkong Land has acquired Singapore's Wheelock Place for approximately US$900 million through its Singapore Central Private Real Estate Fund (SCPREF). This marks SCPREF's first acquisition since its launch in February, significantly increasing its assets under management. The mixed-use commercial property, located on Orchard Road, includes offices and retail spaces and is directly connected to the Orchard MRT station. AI

RANK_REASON Major real estate acquisition by a significant developer's investment fund. [lever_c_demoted from significant: ic=1 ai=0.0]

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SCMP — Tech TIER_1 English(EN) · Peggy Ye · 2026-07-30 12:46

Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

Hongkong Land will acquire Singapore’s Wheelock Place for about S$1.1 billion (US$900 million) through its Singapore Central Private Real Estate Fund (SCPREF), marking the fund’s first acquisition since its launch in February. The mixed-use commercial property on Orchard Road is …