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Keppel Reit sells Sydney property for A$160m

Published Sun, Jan 17, 2016 · 09:50 PM

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Singapore

KEPPEL Reit will be divesting its stake in a Sydney commercial building for A$160 million (S$158 million).

The sale of its 100 per cent interest in 77 King Street to ARE Noble, a wholly-owned subsidiary of Invesco Asia Core Fund, will result in a divestment gain of about A$28 million, it said.

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