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

The programme to buy-back and cancel units from the market has been established to enhance returns for unitholders, says Keppel REIT.

The REIT was responding a REITsWeek article on 3 January, which reported on the total number of units cancelled in December 2018.

Read: Keppel REIT cancels 28.28 million units in 2018 as price falls 9% in year-to-date

To read the full article, please login or subscribe.

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.