Keppel unit to set up Australian office-focused funds with new JV

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Keppel unit to set up Australian office-focused funds with new joint venture

AUIREL is the responsible entity of Australian Unity Office Fund, an Australia-listed real estate investment trust which has a market cap of A$467 million and assets under management of A$668 million as at Dec 31.

The purchase consideration for AUIREL took into account its book value and net tangible assets, which totalled about A$482,000 as at June 30, 2019.

Source: News Formal (newsformal.com)

 

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