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Keppel Land acquires Shanghai mall

It is paying 500m yuan for newly completed retail development

Artist's impression of the mall in Shanghai's Jiading District. The acquisition of the development is expected to be completed by the first quarter of 2017.


KEPPEL Corp's real estate subsidiary Keppel Land China is acquiring a newly completed retail development in Shanghai's Jiading District for 500 million yuan (S$102 million).

The retail development has a gross floor area of 40,927 square metres (sqm) and a net lettable