Keppel REIT's Ocean Financial Centre, in which a stake was sold to Allianz Real Estate in 2018. (Photo: REITsWeek)Keppel REIT's Ocean Financial Centre, in which a stake was sold to Allianz Real Estate in 2018. (Photo: REITsWeek)

Keppel REIT has significantly accelerated the pace of its unit buy-back programme in December 2018, according to data compiled by REITsWeek since July 2018.

These units have been acquired, and subsequently cancelled out of the market under Keppel REIT’s buy-back initiative, the mandate for which was established in April of the same year.

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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.