Keppel Land to acquire three residential sites in Hanoi for $119m

Keppel Land Limited (Keppel Land) has entered into a binding heads of agreement with Vietnamese developer Phu Long Real Estate Corporation (Phu Long) to acquire 49% interest in three residential land plots in Mailand Hanoi City, Vietnam for an aggregate consideration of VND2,715 billion (approximately $119 million), according to an announcement.