Keppel To Expand China Operations
News: Keppel Land, the property division of Singapore-based consortium Keppel Group, is expanding its operations in China in an effort to capitalise on the country's growing real estate market. Keppel Land has 44% of its assets located in China and has been operating in the country for more than 20 years. Since end-2010 its Chinese assets have increased more than 300%, with more growth expected in future. The company plans to focus its operations in five cities - Shanghai, Beijing, Tianjin, Chengdu and Wuxi. The company also aims to increase its commercial presence in the Tier 1 cities.