Hongkong Land opens Van Cleef & Arpels store in Central
The two-floor Maison features jewelry, High Jewellery, Watchmaking, a heritage exhibition, and a fragrance salon as part of a US$1 billion transformation.
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Property investment and development company
hkland.comLast updated
In short: Hongkong Land expanded its Singapore portfolio and fund management business while investing $1 billion into a major Hong Kong property transformation.
The two-floor Maison features jewelry, High Jewellery, Watchmaking, a heritage exhibition, and a fragrance salon as part of a US$1 billion transformation.
It retained its Dow Jones Best-in-Class World Index position for a second year and reduced emissions by 37%.
Underlying profit rose 5% year-on-year, driven by lower net financing charges. Capital recycling generated US$0.6 billion, and a new S$8.2 billion private real estate fund was established.
The US$8 billion Shanghai project introduces designer brands and 'Enjoy Life' theme. Additional retail space opens this year.
Hongkong Land, one of Asia's largest commercial property owners, will acquire Singapore’s Wheelock Place, a mix-used property, for about SGD1.1 billion (US$900 million).
Hongkong Land has wasted little time putting its newest investment vehicle to work, agreeing to acquire the landmark Wheelock Place on Singapore...
Hongkong Land Holdings announced Thursday that its Singapore fund, the Singapore Central Private Real Estate Fund, would acquire the Wheelock Place real estate complex...
The deal will give the fund ownership of the development, which includes the Wheelock Place mall on Orchard Road. Read more at straitstimes.com. Read more...
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