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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

Shangdi Neo offers about 4,241 square metres of net leasable area, and will be fully occupied by sole tenant Distrii, an operator of smart, modern working spaces in China and 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...

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