Doha, Qatar and Singapore – February 3, 2026 – QIA announced today its participation as a founding investor in Hongkong Land Holdings Limited (“Hongkong Land”)’s inaugural private real estate fund, the Singapore Central Private Real Estate Fund (“SCPREF” or the “Fund”).
With initial assets under management of S$8.2 billion (US$6.3 billion), SCPREF is Singapore’s largest office-focused private investment platform. SCPREF provides scaled exposure to a portfolio of ultra-premium, income-generating integrated commercial properties in Singapore’s central business district and Orchard Road. The investment is anchored by Asia Square Tower 1, which QIA has owned and actively invested in since 2016, and reflects QIA’s long-standing conviction in Singapore as a leading global gateway city, underpinned by strong occupier demand, transparent regulation and long-term economic resilience.
The Fund’s initial portfolio comprises a 100% interest in Asia Square Tower 1, a one-third interest in Marina Bay Financial Centre Tower 1 & Tower 2 and Marina Bay Link Mall, a one-third interest in One Raffles Quay and 100% interest in One Raffles Link.
The investment alongside Hongkong Land builds on the long-standing partnership between parties, while leveraging Hongkong Land’s active asset management capabilities and a pipeline of future high-quality commercial opportunities in Singapore. Together with APG Asset Management, QIA’s role as a founding investor in SCPREF is to provide long-term institutional capital and the capability to support the Fund’s disciplined growth strategy.
SCPREF launches with a strong sustainability profile. Its premium, high-performing assets are certified under Singapore’s BCA Green Mark Platinum or Super Low Energy standards, supporting QIA’s responsible investment principle.
QIA’s participation as a founding investor underscores its strategy of partnering with best-in-class operators to access high-quality real assets in key global markets and generate resilient long-term returns.
About QIA
Qatar Investment Authority (“QIA”) is the sovereign wealth fund of the State of Qatar. QIA was founded in 2005 to invest and manage the state reserve funds. QIA is among the largest and most active sovereign wealth funds globally. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.
About Hongkong Land
Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over [US$40 billion] assets under management, Hongkong Land’s ultra-premium mixed-use real estate footprint spans over 1.28 million sq. m. in operation and 1 million sq. m. under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands.
Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside our capital partners and concentrating our portfolio where we can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.