The Qatar Investment Authority (QIA) has announced its participation as a founding investor in the first private real estate fund launched by Hongkong Land Holdings Limited, named the Singapore Central Private Real Estate Fund.
The fund launches with assets valued at SGD 8.2 billion (approximately USD 6.3 billion), making it the largest private real estate investment platform focused on office properties in Singapore.
It provides investors with access to a diversified portfolio of high-quality commercial assets located in prime areas such as the central business district and Orchard Road, characterized by stable and sustainable income streams.
The fund is anchored by Asia Square Tower 1, which has been owned by QIA since 2016, reflecting its long-term confidence in the Singaporean market, supported by rising demand for office space and the resilience of the local economy.
The portfolio includes full ownership of the tower, in addition to a one-third stake in Marina Bay Financial Centre Tower 1 and Marina Bay Financial Centre Tower 2, as well as Marina Bay Link Mall. It also includes a similar stake in One Raffles Quay and full ownership of One Raffles Link.
The investment strengthens the partnership between QIA and Hongkong Land, leveraging the company’s asset management expertise. QIA is joined by APG Asset Management as a founding investor to support the growth strategy and provide long-term capital.
The fund is distinguished by its focus on sustainability, as its assets carry advanced environmental certifications, aligning with responsible investment trends and aiming to deliver strong, stable long-term returns.
