Keppel unit buys 2nd Haidian property in China's 'Silicon Valley'
It's forking out 178m yuan for Beijing Shunxiangren, which indirectly owns Shangdi Neo
Vivienne Tay
Singapore
KEPPEL Land China is buying another completed commercial property in Beijing's Haidian district through its acquisition of Beijing Shunxiangren Enterprise Management for around 178.6 million yuan (S$34.6 million).
The property is Shangdi Neo, a five-storey development indirectly owned by Beijing Shunxiangren, Keppel Corp said on Monday in a regulatory announcement.
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