Keppel Land

Keppel Land to build landed homes in Greater Jakarta

SINGAPORE (Dec 22): Keppel Land has acquired a 50% stake in PT Metropolitan Land’s (Metland) subsidiary for IDR 250 billion ($26.9 million), to jointly develop 450 landed homes on a 12ha site in a satellite city known as Tangerang, located next to West

Broker's Calls

Keppel DC REIT’s acquisition to power earnings going forward

SINGAPORE (Nov 29): DBS Vickers Securities is maintaining its “buy” call on Keppel DC REIT with a revised target price of $1.33, after rolling forward valuations and pricing in the recently-announced acquisition of Keppel DC Singapore 3 (KDC SG 3), a

Broker's Calls

What’s the attraction with Keppel DC REIT?

SINGAPORE (Oct 18): Keppel DC REIT (KDC REIT) remains attractive after reporting its 3Q16 results on Monday, with both OCBC Research and CIMB maintaining their “buy” calls with target prices of $1.35 and $1.33 respectively.

Keppel Land China divests stakes in Chengdu township project for $30.8 mil

SINGAPORE (Oct 17): Keppel Land has through its two associated companies, CityOne Township Development and Quivivet, and their JV partner, entered into an agreement to divest their stakes in Chengdu Century Development Co. (CCDC) to Sichuan Zhong Tie Wen

Keppel Land to power office with solar energy; may extend to other properties

SINGAPORE (Oct 10): Keppel Land has begun purchasing solar energy from Keppel Electric, a subsidiary of Keppel Infrastructure, to power its office at Bugis Junction.

Keppel to divest 100% stake in Wiseland Investment for $55.4 mil

SINGAPORE (Oct 5): Keppel Corp's property arm, Keppel Land, will be divesting its 100% stake in investment holding company Wiseland Investment for a total consideration of US$41 million ($55.35 million) to Eden Hotels and Resort, a hospitality group i

Keppel Land China acquiring new mall in Shanghai for $102 mil

SINGAPORE (Sept 29): Keppel Land China is acquiring a new mall in Jiading District, Shanghai, for about $102 million.

Keppel Land raises stake in Vietnam property group

Singapore (Sept 27): Keppel Corp’s property subsidiary, Keppel Land has increased its stake in Quoc Loc Phat Joint Stock Company (QLP), a real-estate company in Vietnam, to 45% from 20% for about $25.6 million in cash.

Broker's Calls

Keppel T&T rides Big Data, cloud computing rise

SINGAPORE (Sept 21): UOB Kay Hian has initiated coverage for Keppel Telecommunications and Transportation (Keppel T&T) with a “buy” recommendation and a target price of $2.28

Keppel Land in JV to develop Phase 2 of Junction City in Yangon

SINGAPORE (Sept 7): Keppel Land, the property arm of Keppel Corporation, has entered into a conditional joint venture agreement with Shwe Taung Group to develop premium serviced residences and offices in the second phase of Junction City in Yangon, Myanma
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