Keppel Land

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
Image credit: Across Borders, a Keppel Land publication

Keppel Land CEO Ang Wee Gee resigns

SINGAPORE (Sept 4): Ang Wee Gee, the CEO of Keppel Corporation’s property arm, Keppel Land, has resigned after more than 26 years of service to “pursue other interests” with effect from Dec 31 this year.
Photo by Judde Chan

Keppel Land-Wing Tai Land JV enters top bid of $446 mil for Serangoon Garden development

SINGAPORE (July 27): A Keppel Land and Wing Tai Land JV has submitted the top bid of $446.3 million for a 99-year leasehold residential site in Serangoon North Ave 1.

Property

Developers getting more aggressive in their land bids, says DBS

SINGAPORE (July 12): A Chip Eng Seng consortium announced on Tuesday night it had put in the record winning bid of $1,110 psf ppr for a piece of land at Woodleigh Lane.

Keppel Land China in JV to acquire 30% stake in Shanghai development for US$525 mil

SINGAPORE (June 26): Keppel Land is jointly acquiring a 30% stake in a Shanghai office and retail mixed-used development, SOHO Hongkou, for US$525 million ($729 million).

Property

Keppel’s gain from sale of 112 Katong to be under 5%, says UOB

SINGAPORE (June 23): UOB Kay Hian is maintaining its “hold” rating on Keppel Corporation with a price target estimate of $6.55 following news of the conglomerate’s alleged sale of 112 Katong, which is presently 22.4%-owned by the group’s subsidiar

Keppel Land signs MOU to collaborate on investment opportunities in Vietnam

SINGAPORE (March 23): Keppel Corporation subsidiary Keppel Land on Thursday signed a Memorandum of Understanding (MOU) with Vietnam’s State Capital Investment Corporation (SCIC) to collaborate on investment opportunities in Vietnam.

Property

Keppel Land raises stake in Saigon Centre for $54 mil

SINGAPORE (March 20): Keppel Land has increased its stakeholdings in Saigon Centre shopping complex.

Property

Keppel Land divests stake in Surabaya property company for $32 mil profit

SINGAPORE (Jan 11): Keppel Land, the property of Keppel Corp, has entered into a shares sales agreement to divest its 80% effective stake in joint venture company, PT Sentral Tunjungan Perkasa, to PT Indadi Land.

Stocks To Watch

Parkway Life REIT, Keppel Land, Aztech, SIA Engineering, Sheng Siong, Nam Cheong

SINGAPORE (Dec 23): Here are some factors and stocks that could move the market this Friday morning:
×