Keppel Land China Acquires Stake in Nanjing Jinsheng Real Estate Development

Posted on 09/25/2018


On September 20, 2018, Keppel Land China, a subsidiary of Singapore-based Keppel Corporation, purchased a 40% stake in Nanjing Jinsheng Real Estate Development Co, a subsidiary of Gemdale Corporation. Keppel Land China did the deal through an entity called Eternal. The sales price for the stake was 1.4 billion RMB. The transaction enabled Keppel Land […]