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Keppel unit, Allianz in S$1.3b Beijing deal
They will jointly acquire an 85% interest in Ronsin Technology Center, with seller D&J China holding the rest
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Vivienne Tay
Published Wed, Oct 16, 2019 · 09:50 PM
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Singapore
KEPPEL unit Alpha Investment Partners is jointly acquiring an 85 per cent interest in a Grade A office complex in Beijing with Allianz Real Estate for S$1.3 billion.
Alpha is the private fund management arm of Keppel Capital - the asset management arm of Keppel Corp.
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