Hongkong Land Acquires 10.8% Stake in Suntec REIT for $541 Million

Hongkong Land acquires 10.8% stake in Suntec REIT for $541 million

The company said the move aligns with its ‘positive outlook and conviction in Singapore’s prime commercial property market’. Read more at straitstimes.com.

Hongkong Land Buys $422M Suntec REIT Stake From ESR

Hongkong Land on Thursday acquired a 10.8 percent interest in Suntec REIT from ESR for S$541 million ($422 million), in a deal that expands the developer’s exposure to Singapore’s prime office market. The stake gives Jardine Matheson-controlled Hongkong Land a... Read More>> The post Hongkong Land Buys $422M Suntec REIT Stake as Gordon Tang Takes Control of Manager appeared first on Mingtiandi.

Hongkong Land acquires 10.8% stake in Suntec Reit for S$541 million

It says the move aligns with its ‘positive outlook and conviction in Singapore’s prime commercial property market’