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30.07.26 - 14:48
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Hongkong Land acquires Singapore′s Wheelock Place in US$900m deal (SCMP)
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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 being acquired from an entity owned by Hong Kong-listed Wharf Real Estate Investment Company, according to a statement released by Hongkong Land on Thursday. The transaction is expected to conclude by the end of......
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29.07.26 - 08:00
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China′s Pop Mart opens new store in Singapore′s Sentosa amid slowing domestic sales (SCMP)
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Chinese toymaker Pop Mart International ramped up its global expansion on Wednesday by opening a new store on Singapore's Sentosa Island – alongside its first overseas Pop Bakery dessert store in the same venue – with observers predicting that more overseas locations would help drive growth, especially those in underpenetrated markets.
The launch comes amid softer domestic sales and normalising demand after a strong intellectual property (IP) cycle in 2025. Analysts said improved inventory......
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28.07.26 - 02:06
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Singapore-based investors now the top non-local buyers of Hong Kong office assets (SCMP)
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Singapore-based investors have become the largest group of non-local buyers of commercial properties in Hong Kong, drawn by the sizeable correction in the prices of distressed assets amid a slump in the city's office segment, according to Colliers.
The demand from Singapore was likely to remain steady in the coming months, given that the prices of office assets have declined by as much as 50 per cent, according to Thomas Chak, head of capital markets and investment services at the property......
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