Keppel Land in JV to develop offices, residences in Yangon
Keppel Land's investment in phase two of Junction City will be about US$48.6 million; construction to start in 2018
Singapore
KEPPEL Land on Wednesday said that it has signed a conditional joint venture agreement with Burmese conglomerate Shwe Taung Group to develop premium serviced residences and offices in the next phase of Junction City.
This is a mixed-use development in Yangon's central business district. Keppel Land's investment in this next phase will be about US$48.6 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Hong Kong property deals hit three-year high in April
More homes planned in Media Circle to support housing demand
Qatari Sheikh sells London mansion to fellow royal for £39 million
Toronto home sales fall for third month in April; prices rise
Far East Shopping Centre owners in private talks after close of S$928 million en bloc tender
US mortgage rates up for fifth week at 7.22%