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Keppel-managed fund acquires mixed-use Wilkie Edge for $348 mil

Felicia Tan
Felicia Tan • 2 min read
Keppel-managed fund acquires mixed-use Wilkie Edge for $348 mil
Wilkie Edge is located at the intersection of Wilkie Road and Selegie Road in Singapore’s Selegie education district. Photo: Keppel
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Alpha Asia Separate Account, the fund managed by Keppel, has acquired Wevolve for an aggregate consideration of $348 million. Wevolve holds the office and retail space of Wilkie Edge, an eight-storey mixed-use development in Selegie.

Wilkie Edge, which was completed in 2008, has a net lettable area (NLA) of 157,400 sq ft with six office floors and two retail floors. It is located at the intersection of Wilkie Road and Selegie Road in Singapore’s Selegie education district. The property is also located within walking distance to the Dhoby Ghaut and Little India MRT stations.

Wilkie Edge is fully occupied with major tenants including Kaplan Singapore and SF Consulting.

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