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Keppel: Alpha & Allianz To Jointly Acquire Interest In S$1.5 Billion Grade A Office Complex In Beijing.

16 Oct 2019 09:55

Alpha Investment Partners, acting on behalf of its funds under management, including the Alpha Asia Macro Trends Fund III, has entered into agreements with Allianz Real Estate, to jointly acquire an 85% interest in Ronsin Technology Center, a Grade A office complex valued at approximately S$1.5 billion in the Wangjing sub-district in Beijing, China, for an aggregate consideration of approximately S$1.3 billion. The remaining 15% stake in the office complex will continue to be held by the seller, D&J China...

Attachments:

• Alpha_and_Allianz_to_jointly_acquire_interest_in_SGD1.5_billion_Grade_A_office_complex_in_Beijing.pdf

Source: ShareInvestor Express