Singapore's Keppel Land buys China property for 155 million yuan

TradingMarkets.com
18 Jun 2008

SINGAPORE, Jun 18, 2008 (Thomson Financial via COMTEX) -- KPPLF | Quote | Chart | News | PowerRating -- Singapore property developer Keppel Land Ltd. said on Wednesday it has acquired a property site for 155 million yuan ($22.5 million) in Shenyang City, the capital of Liaoning province in China.

The property is adjacent to another site that Keppel acquired in August 2007. The combined sites, measuring about 34 hectares, is intended for integrated township development with a mix of mid- and high-rise apartment blocks, the company said.

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