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Keppel Land China: To Acquire Retail Mall In Shanghai.

29 Sep 2016 17:32

Keppel Land China Limited will acquire a newly completed retail development in Jiading District, Shanghai, China, for a total consideration of RMB 500 million, approximately S$102 million. The retail development has a gross floor area of 40,927 sm and a net lettable area of approximately 32,800 sm. It is part of a mixed-use development comprising offices, shops and residential towers. Keppel Land Retail Management, whose senior management staff has a strong track record of developing and managing numerous successful large shopping malls in Singapore, will be appointed manager...

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Source: ShareInvestor Express