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Keppel Reit sells 92.8% stake in Prudential Tower for $512m

Buyer is consortium comprising KOP, Lian Beng, KSH and Centurion Global

[SINGAPORE] Keppel Reit has struck an agreement to sell its 92.8 per cent stake in Prudential Tower for $512 million - or nearly $2,316 per square foot based on the 221,080 sq ft net lettable area - to a consortium comprising KOP Limited, Lian Beng Group, KSH Holdings and Centurion Global. The