Singapore Navigates Middle East War Headwinds as Orbital Deal and LNG Push Signal Underlying Strength

Wheelock Place snapped up for $1.1B — Hongkong Land's Singapore Central Private Real Estate Fund is acquiring the iconic Orchard Road property from Wharf Real Estate Investment, the largest Orchard Road commercial deal in recent memory. The acquisition lifts the fund's AUM to $9.4 billion, well on track toward its $15 billion target. Prime Singapore retail real estate is still a magnet for deep-pocketed capital, even as the broader economy wrestles...