The intro of LANDMARK Orchard marks the very first usage of the LANDMARK name beyond Hong Kong. LANDMARK in Hong Kong sits at the centre of the Group’s Central portfolio and is presently going through a significant change through the more than US$ 1 billion Tomorrow’s CENTRAL program. Hongkong Land will seek to improve LANDMARK Orchard, making use of its comprehensive experience investing in and handling exceptional industrial homes throughout Asia.
Foo Pei Teng, Chief Executive of SCPREF stated: “This is the very first time Hongkong Land has actually brought the LANDMARK name outside Hong Kong. The name LANDMARK Orchard shows our dedication to the quality of experience we will produce for renters, visitors and the larger neighborhood through this residential or commercial property. Hongkong Land has a long history of financial investment in its possessions and we eagerly anticipate bringing that long-lasting financial investment technique to LANDMARK Orchard.”
The relabeling marks a brand-new chapter for the residential or commercial property following its acquisition by SCPREF, structure on its more than 30-year existence on Orchard Road. LANDMARK Orchard is a premium mixed-use business residential or commercial property making up workplace and retail area, with direct connection to Orchard MRT station. It will continue to serve its existing workplace and retail neighborhood under its brand-new name from 12 November.Hashtag: #HongkongLand
The company is entirely accountable for the material of this statement.
Hongkong Land
Hongkong Land is a significant noted residential or commercial property advancement, financial investment and management group. It concentrates on establishing, owning and handling premium and ultra-premium mixed-use property in Asian entrance cities, including Grade A workplace, high-end retail, property and hospitality items. With over US$ 50 billion in properties under management, Hongkong Land’s ultra-premium mixed-use realty footprint covers over 1.97 million sq. m. lettable location in operation and 1.43 million sq. m. lettable location under advancement, with flagship mixed-use tasks in Hong Kong, Singapore and Shanghai. Its homes hold market leading green structure accreditations and draw in the world’s primary business and high-end brand names. Developed in 1889, Hongkong Land takes a long-lasting view, investing substantially together with its capital partners and focusing its portfolio where it can produce the most worth for occupants, consumers and financiers. Hongkong Land Holdings Limited has a main listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land belongs to the Jardine Matheson Group.
Singapore Central Private Real Estate Fund
Singapore Central Private Real Estate Fund (“SCPREF”) is Hongkong Land’s inaugural personal property fund, with a concentrate on ultra-premium incorporated business residential or commercial properties in Singapore. At creation, the fund has a preliminary portfolio of 4 premium business properties, located within the Marina Bay and Marina Centre districts. Asia Square Tower 1, Marina Bay Financial Centre Towers 1 & & 2, One Raffles Quay and One Raffles Link are anchored by leading worldwide Financial Institutions, Technology, Media and Telecommunications, and Professional Services companies. These properties are tactically situated within Singapore’s Central Business District, using integrated access to numerous MRT stations and a broad environment of facilities consisting of houses, hotels, occasion centers, retail and dining choices.
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