It will be used to invest alongside Keppel Land in real estate projects, including residential developments, commercial properties as well as mixed-use projects and townships in Vietnam, with a focus on Ho Chi Minh City and Hanoi.
Keppel Capital Holdings, in collaboration with Keppel Land, has raised US$400 million for the Keppel Vietnam Fund, with co-investment from a global institutional investor which wasn’t named.
The fund is focused real estate investment in Vietnam and has a target fund size of US$600 million.
