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Keppel REIT on track to acquire Grade A office development in Perth by March 2013 (K-Real Estate Investment Trust Asia)
Jan 28th 2013, 10:43

(Source: K-Real Estate Investment Trust Asia) 28 Jan 2013 Keppel REIT Management Limited (Keppel REIT Management), the Manager of Keppel REIT, is pleased to announce that the Western Australia (WA) State Government has approved Mirvac Group's (Mirvac) sale of a 50% interest in the new office tower which will form part of the Treasury Building development in Perth, WA, to Keppel REIT. Keppel REIT announced on 26 September 2012 that it had entered into an agreement with Mirvac to acquire a 50% interest in the new office tower for A$165.0 million (approximately S$209.7 million ). Having obtained the necessary approval, Keppel REIT is on track to complete the acquisition of the office tower in...

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