The agreement was entered into by Keppel Land’s wholly-owned subsidiaries, Changzhou Fushi Real Estate Development and Tianjin Fushi Real Estate Development.
Keppel Corporation’s Keppel Land Limited has entered into a cooperation framework agreement with Tianjin Pulida Real Estate Construction and Development and Qingdao Yuanjia Real Estate to jointly develop eight plots of land with a total size of some 28.7 hectares located in the eastern part of Tianjin in Tianjin Binhai New Area, in China on April 30.
Tianjin Pulida and Qingdao Yuanjia are both subsidiaries of Hong Kong-listed Sino-Ocean Group Holding.
