SINGAPORE (April 5): Keppel Corporation’s Alpha Asia Macro Trends Fund II (AAMTF II), through its wholly-owned entity Bravo (II), has divested its 100% interest in Shanghai International Plaza.
The office and retail mixed-use property was acquired in 2014 for a consideration of approximately US$133 million (S$175 million).
According to Alpha CEO Alvin Mah, the fund realised an internal rate of return of close to 20% on...(click on link for full story on theedgesingapore.com)