Keppel REIT reports income uptick in 3Q but lower occupancies loom
Data from Keppel REIT’s latest statement have been updated into the Singapore REITs table. Keppel REIT has reported net property…
Keppel REIT’s parent company reduces stake by disposing 9 million units
Keppel Corporation has reduced its stake in Singapore-heavy office landlord, Keppel REIT. The firm disposed of 9,000,000 units of the…
Keppel REIT acquires Grade A office asset in Sydney for AUD306 million
Keppel REIT has acquired a Grade A office property known as Pinnacle Office Park in Sydney for AUD306 million (USD222…
Keppel REIT records marginal DPU improvement in 2Q
Keppel REIT has achieved a distribution per unit (DPU) of 1.40 cents for its 2Q 2020, an increase of 0.7%…
COVID-19 widens dichotomy between office REITs on tenant-asset mix criteria
COVID-19 has accelerated the adoption of remote working practices, and this will eventually lead to a drastic reduction in demand…
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…
Keppel REIT’s manager disposes 10.5 million units after receiving them as payment
The manager of Keppel REIT, Keppel REIT Management Limited, has disposed of 10,500,000 units in the REIT. The units were…
More ominous signs emerge for Singapore office REITs as rents slide
The Urban Redevelopment Authority (URA) of Singapore has released the latest statistics for 1Q 2020, which point to some pain…
Keppel REIT maintains distributable income despite absence of rental support
Keppel REIT has achieved distributable income of SGD47.3 million for 1Q 2020, unchanged from the previous year. This is despite…
Keppel REIT commits to passing on tax rebates from governments
Keppel REIT will pass on the full property tax rebate announced in the Singapore Government’s Resilience Budget of 30% to…