Keppel REIT expects more compelling acquisition opportunities in 2H 2020


The COVID-19 pandemic will temper income from office properties for the next few years, and this could even lead to the rise of distressed assets.

However, Keppel REIT does not see compelling acquisition opportunities at the moment just yet.

Keppel REIT is an office REIT with a portfolio of nine Grade A office assets in Singapore, Australia, and South Korea.

The REIT’s assets in Singapore are namely 79.9% interest in Ocean Financial Centre, a one-third interest in Marina Bay Financial Centre, and a one-third interest in One Raffles Quay.

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