Keppel REIT's Ocean Financial Centre, Singapore.Keppel REIT's Ocean Financial Centre, Singapore.

Singapore-listed office REIT, Keppel REIT (SGX:K71U), announced on 15 May that it has obtained a SGD100 million loan facility.

The facility, obtained through wholly-owned subsidiary Keppel REIT Fin. Company Pte Ltd, is secured with a corporate guarantee by RBC Investor Services Trust Singapore Limited.

Keppel REIT has not indicated in its announcement on how it intends to utilise the loan facility.

Units of Keppel REIT are currently listed on the Singapore Exchange at SGD1.20.

Keppel REIT's Ocean Financial Centre, Singapore.
Keppel REIT's Ocean Financial Centre, Singapore.

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.