Keppel REIT increases buy-backs against backdrop of falling income


Despite falling property income, the unit price of Keppel REIT has risen by close to 6% between January 2019 - 2020.

And an acceleration in the REIT’s unit buy-back programme may be a factor behind the rally.

Keppel REIT finished the trading day on 14 January at SGD1.25.

This is an increase of 5.9% from the SGD1.18 recorded at the start of 2019.

However, against the backdrop of this rise in unit price, Keppel REIT has been recording falling property income.

Missing out on information beyond mainstream media reports?
Login or sign-up for a free 25-day trial here.

Full access to all editorial materials
Unlimited access to our seminars and classes
Site visit activities


Comments are closed.