Keppel Capital Holdings has entered into a joint venture with Australian Unity, a company providing healthcare and financial services, as well as retirement and living services.
The 50-50 joint venture company is called Australian Unity Keppel Capital Pty Ltd.
“Australian real estate continues to be an attractive asset class, generating attractive income returns in a low yield environment. Leveraging the strengths and network of Australian Unity, we are excited to commence this partnership to create investment opportunities for investors in the Australian metropolitan office markets,” said Christina Tan, CEO of Keppel Capital.
The joint venture company’s primary objective is to provide attractive income yield and total return to investors over the long term through establishing funds focused on the Australian metropolitan office sector.
At the same time, the joint venture company has entered into a share sale agreement to acquire a 100 percent stake
