06:17 AM EDT, 07/30/2026 (MT Newswires) -- Hongkong Land Holdings' (HKLD.L) Singapore Central Private Real Estate Fund agreed to purchase a mixed-use property in Singapore from Wharf Real Estate Investment Co. for SG$1.1 billion. The Wheelock Place mixed-use development comprises a 21-story commercial building and two basement levels with a total gross floor area of 43,280 square meters, according to a Thursday filing. Completion is expected by the end of August. The transaction will be the first acquisition of the fund established by the UK-listed property investment company in February, lifting its assets under management to SG$9.4 billion and increasing its underlying earnings.

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