What’s taking Hongkong Land fund so long to seal Marina One deal?

What’s taking Hongkong Land fund so long to seal Marina One deal?


[SINGAPORE] For several months now, market watchers have been expecting Hongkong Land to announce an acquisition of the commercial component of the Marina One complex.

The asset, with an asking price of about S$5.7 billion, comprises about 1.88 million square feet (sq ft) of net lettable area of premium Grade A office space and 140,000 sq ft of retail space.

This is part of a mixed-use project developed by M+S, a 60:40 joint venture between Malaysian sovereign wealth fund (SWF) Khazanah Nasional and Singapore state investor Temasek.



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Liam Redmond

As an editor at Forbes Europe, I specialize in exploring business innovations and entrepreneurial success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.

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