The Business Times
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Keppel Capital unit, Allianz Real Estate buy office building in Shanghai for US$48m

Claudia Chong

Claudia Chong

Published Thu, Sep 13, 2018 · 09:50 PM

    Singapore

    KEPPEL Capital, through a fund managed by its subsidiary Alpha Investment Partners, has partnered Allianz Real Estate and another co-investor to acquire a prime office building in Shanghai for about US$48 million.

    The building, Bay Valley C6, is located in Shanghai's Bay Valley Business Park and has a total aboveground gross floor area of 19,768 square metres.

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