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

Keppel REIT has emerged as the top REIT disposed of by institutional investors for the trading week that began on 2 August.

The REIT saw about SGD20.6 million in net outflow of institutional funds, in the wake of revelations that Keppel Corporation Limited has proposed to acquire all the shares of SPH in a privatisation deal.

Related: SPH REIT to gain acquisition pipeline from Keppel Land in privatisation deal

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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.