Tag Archives: Keppel Land

Keppel Land buys stake in 112 Katong mall for S$51.4m

Keppel Land has acquired a 22.4 per cent stake in 112 Katong mall from BHG, Imagine Properties and Perennial Singapore Investment for S$51.4 million, Keppel Corp announced in a press release on Sunday (Jan 17). The remaining 77.6 per cent … Continue reading

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Keppel Land tops off latest commercial project in Jakarta

Keppel Land topped off its latest commercial project, the International Financial Centre Jakarta Tower Two, in Jakarta’s Central Business District on Tuesday (Aug 18). The developer is seeking to grow its commercial portfolio in key Asian cities. Singapore and China … Continue reading

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Keppel Corp extends closing date of offer for Keppel Land shares

Keppel Corp will extend the closing date of its offer to buy up the remaining shares of Keppel Land to March 26. The offer was due to expire on Thursday (Mar 12). As of Wednesday, Keppel Corp controls 80.8 per … Continue reading

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Keppel Corp’s offer for Keppel Land “not fair but reasonable”: KPMG

Keppel Corp’s offer to buy over the remaining shares of Keppel Land for up to S$3.2 billion has been described as “not fair but reasonable” by independent financial adviser KPMG Corporate Finance. KPMG Corporate Finance, which is advising Keppel Land’s … Continue reading

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Keppel Land to invest in freehold building in London’s CBD for S$186m

Keppel Land on Monday (Feb 9) has entered into a sales and purchase agreement with Aberdeen Property Trust for a freehold nine-storey office building in the City of London for £91 million (S$186 million), it announced in a press release. … Continue reading

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Keppel Corp launches bid to take Keppel Land private

Keppel Corporation on Friday (Jan 23) launched a voluntary unconditional cash offer for all the remaining shares of subsidiary Keppel Land. Keppel Corp, the world’s largest maker of offshore oil rigs, currently owns 54.6 per cent of Keppel Land, a … Continue reading

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Keppel Land acquires second Jakarta residential site for S$40.2m

Keppel Land is expanding its Indonesian portfolio with the acquisition of a 4.6-hectare site in West Jakarta for S$40.2 million. It plans to develop the site as a residential project for middle-income earners. Expected to be launched in phases from … Continue reading

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Keppel Land makes maiden US investment

Keppel Land has made its maiden investment in the United States by taking a stake in a prime New York City residential development. Keppel Land, one of Singapore’s largest developers, said on Monday it will invest about US$70 million (S$87 … Continue reading

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Keppel Land ups stake in Vietnam housing project

Keppel Land said on Monday it has increased its share of a joint venture housing project in southern Vietnam by buying a 43 per cent effective stake in the project’s phase two and three development. The Singapore developer will pay … Continue reading

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Keppel Land adopts “wait-and-see” approach after property cooling measures

Property group Keppel Land expects new home sales in Singapore to “come down quite a bit” this year, after new private home sales hit a record 22,000 units in 2012. The developer of Reflections at Keppel Bay is not going … Continue reading

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