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Keppel Sells Stake in Tianjin Fulong Property Development
ByAinvest
Monday, Jun 16, 2025 2:36 am ET1min read
Keppel Ltd. has divested a partial stake in Tianjin Fulong Property Development. Keppel is a global asset manager and operator company providing critical infrastructure and services for renewables, clean energy, decarbonization, sustainable urban renewal, and digital connectivity. The company's Infrastructure segment focuses on energy and environmental solutions, while its Real Estate segment provides sustainable urban space solutions. The Connectivity segment involves data centers, telecommunications services, equipment sales, and system integration solutions.
reAlpha Tech Corp (AIRE, Financial) has announced a significant expansion of its real estate brokerage services, entering the Texas market. This strategic move follows the company's initial operations in Florida and positions reAlpha to tap into one of the nation's most dynamic real estate markets [1].The expansion is facilitated through its REALTOR affiliate, enabling reAlpha to extend its comprehensive homebuying platform to new states. This move signifies the company's first step in enhancing its national presence [1].
Wall Street analysts have forecasted a promising outlook for reAlpha Tech Corp. The average target price for the company stands at $1.65, with a high estimate of $2.60 and a low estimate of $1.10. This implies an average upside of 258.77% from the current price of $0.46 [1]. Additionally, the consensus recommendation from brokerage firms indicates an "Outperform" status, further bolstering investor confidence [1].
Separately, Keppel Ltd. has divested a partial stake in Tianjin Fulong Property Development. Keppel is a global asset manager and operator focusing on critical infrastructure and services for renewables, clean energy, decarbonization, sustainable urban renewal, and digital connectivity. The company's Infrastructure segment specializes in energy and environmental solutions, while its Real Estate segment provides sustainable urban space solutions. The Connectivity segment involves data centers, telecommunications services, equipment sales, and system integration solutions [2].
References:
[1] https://www.gurufocus.com/news/2925945/realpha-aire-expands-real-estate-services-into-texas-aire-stock-news
[2] https://www.gurufocus.com/news/2925945/realpha-aire-expands-real-estate-services-into-texas-aire-stock-news
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