Corporate digest

Keppel Corporation

KEPPEL Capital Holdings, the asset management arm of Keppel Corp, has entered into a shareholders' deed with Australian Unity to form a 50:50 joint venture (JV) company. Australian Unity provides services in healthcare and finance, as well as retirement and living services. The JV's main objective is to establish funds focused on the Australian metropolitan office sector. In addition, it will also acquire the entire stake in Australian Unity's wholly-owned subsidiary, Australian Unity Investment Real Estate Limited, for about A$400,000 (S$365,634) in cash.

Perennial Real Estate Holdings