KepLand invests US$70m in New York property
Alpha Investment to manage residential development that has retail component
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IN ITS very first investment in the US, Keppel Land is investing about US$70 million in a residential development in New York City.
The property, located in an established residential neighbourhood on the Upper East Side in Manhattan, will include a retail component as well.
It will be managed by Keppel's fund management subsidiary, Alpha Investment Partners.
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