Tag: Hongkong

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Hongkong Land Selling MCL Land Singapore Unit to Malaysia’s Sunway for $579M

Sunway chairman Jeffrey Cheah (2nd left) and Hongkong Land CEO Michael Smith (2nd right) (Image: Hongkong Land) Just under a year after vowing to transform itself from a builder to a fund manager and exit its residential development business, Hongkong Land has agreed to sell its primary Singapore subsidiary for S$739 million ($579 million), according

Hongkong Land Said to Weigh Sale of MCL Unit and More Asia Real Estate Headlines

Hongkong Land CEO Michael Smith Jardine Matheson’s Hongkong Land Holdings is reportedly considering the sale of its Singapore-based MCL Land unit, with that story leading today’s headline roundup. Also in the news, a French investor mulls a Singapore healthcare REIT and CapitaLand Investment expands its Japan self-storage portfolio. Hongkong Land Said Weighing Sale of Singapore

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