Keppel Capital raising $1b for fourth pan-Asian property fund: Report

Keppel Capital, the asset management arm of Singapore conglomerate Keppel Corporation, is reportedly gearing up to raise at least $1 billion for a fourth pan-Asian value-add property fund, just a year after it secured $1.1 billion, including co-investments, for the third fund under the Alpha Asia Macro Trend (AAMTF) series.