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Keppel Land Sells Chengdu Project to Vanke for $239m
Transactions - JULY 29, 2021

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Keppel Land Sells Chengdu Project to Vanke for $239m

by Andrea Zander

Keppel Land China, through its subsidiary Hillwest Ltd., is divesting 100 percent of its stake in Chengdu Shengshi Jingwei Real Estate to the subsidiaries of China Vanke, according to media outlets. The sales price was $239 million.

Chengdu Shengshi will no longer be a subsidiary of Keppel following the completion of the divestment.

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