Hongkong Land Holdings Limited is advancing its corporate strategy with the upcoming launch of the Singapore Central Private Real Estate Fund (SCPREF). Expected to become Singapore’s largest with an AUM exceeding S$8 billion at launch, SCPREF will focus exclusively on managing prime commercial assets in the city-state.
CapitaLand Integrated Commercial Trust has achieved higher green building ratings for two of its Singapore properties. The Atrium@Orchard is the first operational office-retail asset in Singapore to earn the BCA Green Mark Platinum (Super Low Energy) certification, while Raffles City Singapore has upgraded to Green Mark Platinum. The milestones reflect CICT’s push to enhance energy efficiency, reduce emissions and advance sustainable asset management.
Banyan Group is celebrating its 100th resort milestone with the grand opening of Mandai Rainforest Resort by Banyan Tree and the launch of its first Rainforest Festival in Singapore. Running from 27 November to 3 December 2025, the festival will raise funds for the President’s Challenge, featuring a week of sustainable experiences, music, and community-led activities.
Naumi Hotels has opened its first Middle East property with a 237-room hotel in Dubai’s Barsha Heights. The Singapore-based boutique group, which operates eight properties globally, says the move marks the start of a wider regional expansion.
A consortium of Evia, Gamuda and Ho Lee has topped the tender for Yishun’s Chencharu Close site with a $1.01 billion bid, paving the way for a landmark mixed-use development.
Samty Holdings has sold two portfolios of newly built multi-family properties worth ¥49 billion to sovereign wealth funds, with the developer retaining asset management responsibilities following its privatisation by Hillhouse.
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