To strengthen its commercial expertise in retail management, Keppel Land acquired a 75% stake in retail management company, Array Real Estate in January 2015. Renamed Keppel Land Retail Management (KLRM), it offers a full range of professional real estate solutions in Asia encompassing retail consultancy and development, marketing and leasing as well as asset and property management services.
Harnessing the strengths of its new retail operating platform, Keppel Land is posed to build a distinctive brand promising experiential shopping, good tenant mixes and eco-friendly attributes in its retail properties which will resonates well with customers in the markets that it operates in.
Keppel Land's retail portfolio
|China||Park Avenue Central, Shanghai * †||114,000|
|China||Park Avenue Heights, Wuxi * †||177,635|
|China||Seasons City, Sino-Singapore Tianjin Eco-City * †||162,000|
|Vietnam||Saigon Centre, Ho Chi Minh City (Phase 1) *||34,143|
|Vietnam||Saigon Centre, Ho Chi Minh City (Phase 2) * †||47,000|
|Vietnam||Estella Heights (Phase 2) * †||160,785|
|Vietnam||Thu Thiem Development *||100,700|
|Philippines||SM-KL Project - The Podium (Phase 1)||26,767|
|Philippines||SM-KL Project - The Podium (Phase 2) * †||46,323|
|Johor Bahru, Malaysia||Sutera Mall||52,862|
* Mixed-used development
† Under development