Singapore’s Keppel to launch Australia retail investment fund
Keppel Capital, the asset management arm of Singapore-based Keppel Corporation, has partnered with Australia-listed property developer Vicinity Centres to launch an investment fund targeting assets in Australia’s retail sector.
Keppel and Vicinity will initially hold an equity stake of 10% each in the new fund, which is expected to close by early next year, according to a release. The fund’s target size has not been announced,...
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