Tag: Keppel
Keppel H1 Profit Surges 25% After Hiving Off Non-Core Portfolio
Keppel is selling its One Paramount office complex in Chennai Keppel Ltd on Thursday said first-half net profit rose 25 percent year-on-year to S$431 million ($333 million) on strength in the Singaporean conglomerate’s real estate and infrastructure businesses. The profit figure excludes the group’s non-core portfolio for divestment, underscoring Keppel’s asset-light strategy and focus on
Singapore’s Keppel Land Builds Up India Pipeline With $29M Pune Office Buy
The property arm of Singaporean conglomerate Keppel Corp is adding 1.1 million square feet (92,900 square metres) to its India office portfolio with the INR 2.37 billion ($29 million) purchase of a project in the western city of Pune,... Read More>> The post Singapore’s Keppel Land Builds Up India Pipeline With $29M Pune Office Buy appeared first
Keppel Teams With BLOGIS to Acquire First Asset for China Logistics Fund
Singapore’s Keppel Capital has partnered with Chinese industrial developer BLOGIS to acquire the maiden asset for Keppel’s China logistics fund. The warehouse in Dongxihu district of Wuhan is the first of a planned series of joint investments by the fund... Read More>> The post Keppel Teams With BLOGIS to Acquire First Asset for China Logistics Fund appeared
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