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Keppel in JV to buy mixed-use Shanghai project for US$525m

SOHO Hongkou is strategically located and has a high occupancy rate of 97% as at March 2017

Anita Gabriel

Published Mon, Jun 26, 2017 · 09:50 PM

Singapore

KEPPEL Land China and Alpha Investment Partners have tied up with a co-investor to acquire an office and retail mixed-used development, SOHO Hongkou in Shanghai, China, for some US$525 million.

Keppel Land China and Alpha are wholly-owned units of Keppel Land and Keppel Capital Holdings, respectively, which in turn are wholly-owned by Keppel Corp.

Und…

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