Hongkong Land

A potential deal may involve the voco Orchard hotel, Forum mall and HPL House

The sheer asset size may mean the fund could require more time to raise equity

Entering the country is a key step in parent Jardine Matheson’s pivot to become a portfolio manager

Might other groups inject premier Singapore commercial properties into private platforms?

JMH, JC&C and Hongkong Land all saw gains in early trade on Friday

The deal will lift the fund’s assets under management to S$9.4 billion

Revenue is down 15.8% to US$632.7 million as the group winds down its build-to-sell business

For investors, a flood of rumours over the sale of assets – including properties, fast-food chains and car dealerships – can be disconcerting

It also expects a better full-year earnings for 2026