Keppel REIT prices placement at mid-point of indicative range to raise SGD270 million
Keppel REIT has fixed the issue price of its private placement at SGD1.13 per new unit.
Keppel REIT reports 2.7% rise in DPU for 2020
Data from Keppel REIT’s latest results have been updated into the Singapore REITs table. Keppel REIT has reported distribution per…
Maybank Kim Eng sounds alarm on Singapore office REITs as companies trim office spaces
Maybank Kim Eng has issued a less-than-stellar forecast for the Singapore office REITs sector as companies increasingly adapt work-from-home (WFH)…
Keppel REIT acquires Keppel Bay Tower for SGD657 million
Keppel REIT is acquiring a 100% stake in Keppel Bay Tower from Keppel Land Limited for SGD657.2 million (USD490 million).…
Keppel REIT obtains AUD300 million in green loans
Keppel REIT has obtained a total of AUD300 million (USD226 million) in green loans from United Overseas Bank Limited (UOB)…
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…