Assets to be part of this fund include One Raffles Link, 33.3% interest in MBFC Towers 1 and 2, and One Raffles Quay, amounting to US$3 billion.
Kathy Chan of Morningstar has kept her 3-star rating on Hongkong Land Holdings and has slightly raised her fair value from US$7.10 to US$7.40 after it announced plans for its Singapore Central Private Real Estate Fund, as an extension of the active capital management moves.
The fund, slated to be launched in the first quarter of 2026, will have initial assets under management, of some US$6.2 billion.
