Keppel Land

Property

Keppel Land in JV to acquire three residential sites in Hanoi for $159.7 million

The total development cost, including land, is estimated at over $680 million
CapitaLand, Frasers Property among Singapore companies recognised in global real estate sustainability rankings - THE EDGE SINGAPORE

Sustainability

CapitaLand, Frasers Property among Singapore companies recognised in global real estate sustainability rankings

Keppel Land, Ascott Residence Trust and Suntec REIT also achieved accolades.
Keppel Land signs sustainability-linked, SORA-pegged loan with DBS - THE EDGE SINGAPORE

Green loans

Keppel Land signs sustainability-linked, SORA-pegged loan with DBS

The SORA-based loan is the first for the group.
Keppel Land enters JV with Vietnam’s Phu Long for new landed housing project in Ho Chi Minh City - THE EDGE SINGAPORE

Property

Keppel Land enters JV with Vietnam’s Phu Long for new landed housing project in Ho Chi Minh City

Keppel Land is acquiring a 60% interest in the shares of the JV company for $21.6 mil.
Keppel Land issues $280 mil 5-year notes with 2% p.a. coupon - THE EDGE SINGAPORE

Company in the news

Keppel Land issues $280 mil 5-year notes with 2% p.a. coupon

The notes will be issued at an issue price of 100% and in denominations of $250,000.
Keppel Corp acquires remaining 25% stake in Riviera Point for $31.7 mil - THE EDGE SINGAPORE

M&A

Keppel Corp acquires remaining 25% stake in Riviera Point for $31.7 mil

Following the acquisition, Keppel Land has full management control of Riviera Point.
Keppel Land divests 100% interest in First King Properties for $131.1 mil - THE EDGE SINGAPORE

Property

Keppel Land divests 100% interest in First King Properties for $131.1 mil

The divestment will see a gain on disposal of some £6.8 million, including fair value adjustment to be recognised in the 2HFY2020.
Keppel Land is lead investor in co-living company Cove's US$4.6 mil Series A funding round - THE EDGE SINGAPORE

Startups, Entrepreneurs, Digital economy

Keppel Land is lead investor in co-living company Cove's US$4.6 mil Series A funding round

Cove was founded in 2018 and is a co-living company that is one of Southeast Asia’s fastest-growing companies in the industry.
Keppel Bay Tower certified as Singapore's first Green Mark Platinum (Zero Energy) building - THE EDGE SINGAPORE

Sustainability

Keppel Bay Tower certified as Singapore's first Green Mark Platinum (Zero Energy) building

The certification makes it the first commercial building in Singapore to achieve this accolade.
Keppel units raised US$400 million for the Keppel Vietnam Fund - THE EDGE SINGAPORE

Property

Keppel units raised US$400 million for the Keppel Vietnam Fund

The fund has a target size of US$600 million and with leverage, can potentially invest in up to US$1 billion worth of assets
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