Keppel Land Limited is the property arm of Keppel Corporation, one of Singapore's largest multinational groups with key businesses in offshore and marine, infrastructure and property. With beginnings dating back to 1890, Keppel Land is today one of Asia's premier property companies, recognised for its sterling portfolio of quality award-winning residential developments and investment-grade commercial properties, and high standards of corporate governance and transparency.
Keppel Land is geographically diversified in Asia, with current focus on Singapore, China, Vietnam, India and Indonesia.
The Company has a strategic focus on two core businesses of property development and property fund management.
Keppel Land is one of the largest listed property companies by total assets on the Singapore Exchange, with total assets of about $6.6 billion as at end-December 2009. It is also part of the FTSE Straits Times and EPRA/NAREIT indices.
A leading prime office developer in Singapore, Keppel Land contributes to redefining the city's skyline with landmark developments such as Ocean Financial Centre, One Raffles Quay and Marina Bay Financial Centre in the new downtown.
Keppel Land is also Asia's premier home developer with world-class iconic waterfront homes at Keppel Bay and Marina Bay.
The Group has a total landbank of more than 100 million sf with a pipeline of more than 60,000 homes across Asia and the Middle East to tap on the demand for quality housing in growth cities. To grow its businesses in Asia, Keppel Land currently owns a 51% stake in Keppel Philippines Properties, a 45.5% stake in Keppel Thai Properties and a China-focused wholly-owned subsidiary, Evergro Properties.
An established property fund manager, Keppel Land has two property fund management vehicles, K-REIT Asia, a pan-Asian commercial real estate investment trust, and Alpha Investment Partners, a private equity entity. Together, the total assets under management will be about $9.8 billion when the funds are fully-leveraged and fully-invested.
Moving ahead, Keppel Land remains focused on becoming the property developer in Singapore and the region and to deliver sustainable earnings over the next few years.
These earnings will come from developing lifestyle homes in Singapore, residential township and other overseas residential developments, the unlocking of value from its commercial property portfolio, and growing fee-based income from property fund management.
