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Keppel divests $477 mil worth of real estate assets and investments

Felicia Tan
Felicia Tan • 2 min read
Keppel divests $477 mil worth of real estate assets and investments
Keppel has a near-term monetisation target of $10 billion to $12 billion by the end of 2026. Photo: Keppel
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Keppel Limited has divested about $477 million worth of real estate assets as part of its accelerated monetisation programme.

The latest set of divestments has brought the group’s latest monetisation figure to $915 million year to date.

The transactions include the divestment of Keppel’s entire stakes in a commercial building in India for $379 million and its stakes in Vietnamese developer Nam Long for some $58 million.

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