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

The unit price of Keppel REIT soared by nearly 3% in the first half of the trading day on 29 October on the emergence of a rival bid for Singapore Press Holdings (SPH).

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.