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Tuesday, October 19, 2010

Keppel Land buys two prime residential sites in Chengdu - 18 OCT 2010

Keppel Land buys two prime residential sites in Chengdu.
See Press Release.

Key Points
  • Keppel Land has acquired two prime residential sites in China for a total of S$376 million. 
  • The two sites are in Chengdu, Sichuan province, and were acquired through its wholly-owned subsidiary Keppel Land China. 
  • The first acquisition is a 5.1 hectare area located near Dongdajie, which is Chengdu's financial district.  
  • The other is for two separate sites with a combined land area of 25 hectares.

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