Keppel Land

Property

Keppel Land to co-develop up to $470 mil of residential developments in Jakarta

SINGAPORE (Dec 6): Keppel Land is jointly developing residential projects in Greater Jakarta with an investment value of up to IDR 5 trillion ($470 million).with Indonesian developer PT Metropolitan Land Tbk.

Property

Keppel Land in JV to develop its first commercial property in India

SINGAPORE (Oct 1): Keppel Land, the property arm of Keppel Corporation, is developing its first commercial property in India through a joint venture.

Corporate moves

Keppel Land appoints Tan Swee Yiow as new CEO

SINGAPORE (Sept 28): Tan Swee Yiow, 58, CEO and executive director of Keppel REIT Management will take over as CEO of Keppel Land from Jan 1.

Keppel Land acquires remaining 10% ownership of Saigon Sports City township

SINGAPORE (Mar 19): Keppel Land, through its wholly-owned subsidiary, Oil (Asia), has acquired the remaining 10% stake in Jencity, which holds Saigon Sports City, from Jenclub Limited for a consideration of approximately US$11.4 million ($15.1 million).

Property

Keppel Land buys Wuxi site for $517 mil for residential development

SINGAPORE (Dec 25): Keppel Land has acquired a prime piece of land in the city of Wuxi, in southern Jiangsu province in China, to develop residential properties.

Property

Keppel Land to acquire, develop 2 residential sites in Ho Chi Minh City for $407 mil

SINGAPORE (Dec 18): Keppel Land, the property arm of Keppel Corporation, is acquiring 100% interest in two prime residential sites in Ho Chi Minh City, Vietnam.

Property

Keppel Land in JV to develop 2 luxury condos in Bangkok

SINGAPORE (Nov 23): Keppel Land, the property arm of Keppel Corporation, has entered into a conditional joint venture agreement with Thai property developer KPN LAND Co. to acquire two separate prime sites in Bangkok for a total of 2.2 billion baht ($90 m

Property

Keppel Land divests stake in West Bali site

SINGAPORE (Nov 21): Keppel Land’s associate PT Purimas Straits Resort is divesting a 20.5ha site in West Bali’s Tanah Lot district to PT Bali Sudamala Development.

Property

Keppel Land China sells stake in Keppel Cove in Zhongshan for $597.4 mil

SINGAPORE (Oct 26): Keppel Land China has entered into an agreement to divest its 100% stake in Keppel China Marina Holdings (KCMH) to Delight Prime for a total consideration of RMB 2.9 billion ($597.4 million).

Canada Pension Plan co-invests US$350 million in Keppel’s Alpha Data Centre Fund

SINGAPORE (Oct 12): Canada Pension Plan Investment Board (CPPIB) is partnering Alpha Investment Partners and Keppel Data Centres Holdings to invest an initial US$350 million ($474 million) in the Alpha Data Centre Fund (ADCF), with the option to invest an
×