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'KOP in due diligence on Prudential Tower'

Pricing tipped to be in the region of $2,340 psf of net lettable area

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Prudential Tower: As Keppel Reit owns 221,241 sq ft net lettable area or 92.8 per cent share of the building, the deal size would work out to nearly $520 million

A CONSORTIUM that includes private equity group KOP is believed to be doing exclusive due diligence on a potential purchase of Keppel Reit's majority stake in Prudential Tower. Sources say the pricing could be in the region of $2,340 per square foot (psf) of net lettable area (NLA). Based on the