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Hongkong Land’s potential disposal of MCL Land in line with strategy: JP Morgan

hongkong-land’s-potential-disposal-of-mcl-land-in-line-with-strategy:-jp-morgan

Last week, Bloomberg reported that Asian real estate group Hongkong Land Holdings is considering selling its 100%-owned Singapore property development subsidiary, MCL Land. The move, if true, would be in line with the former’s strategy to cease investing in development properties, says JP Morgan in an equity research report. In October, Hongkong Land announced in […]