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Wheelock Place Renamed LANDMARK Orchard After Hongkong Land Acquisition
The Singapore fund’s first Orchard Road acquisition keeps existing tenants and supports a long-term push toward $15 billion in assets under management.
On Thursday, Hongkong Land renamed the 21-storey Wheelock Place as Landmark Orchard, marking the first time the company has used the Landmark brand outside Hong Kong.
The Singapore Central Private Real Estate Fund acquired the Orchard Road site in August 2026 for about $1.1 billion, marking the fund's first property purchase since its February establishment.
A fixture along Orchard Road for more than 30 years, the mixed-use development comprises office and retail space with direct connectivity to Orchard MRT station; existing tenants will continue operating under the new name.
"The name Landmark Orchard reflects our commitment to the quality of experience we will create," said Foo Pei Teng, chief executive of SCPREF, noting the group plans a long-term investment approach.
Hongkong Land plans to enhance the property drawing on its experience managing premium commercial assets across Asia, though the developer has not yet provided specific details on the planned improvements.