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Keppel, co-investors in deal to buy Shanghai's Yi Fang Tower for 4.6b yuan

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Yi Fang Tower is a recently completed prime Grade A office and retail mixed-use development on the banks of Shanghai's Huangpu River.

Singapore

KEPPEL Corp and certain co-investors have signed a deal to acquire Yi Fang Tower, a commercial development in Shanghai, China, for 4.6 billion yuan (S$916 million), the company said in a bourse filing on Tuesday.

This will be done through Keppel subsidiaries under its...

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