Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
Keppel sells Shanghai mall stake for S$73m profit
Sale is in line with its property arm's strategy to continually recycle assets for higher returns
Life Hub @ Jinqiao, in the Pudong district, has 114,730 square metres of gross floor area of retail shops over 10 low-rise buildings. The development also includes a 10-storey office tower with a retail podium.
Singapore
PROPERTY and rigbuilding group Keppel Corporation has sold its stake in a Shanghai mixed-use development that will reap its subsidiary Keppel Land a S$73 million profit.
The mall, Life Hub @ Jinqiao, is located in Shanghai's Pudong district. Completed in end-2009, it has...
Please log in to continue reading.
