1,236 Followers SGX:K71U - Keppel REIT Keppel Reit
Sector: Real Estate, Industry: Office REITs
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SGD 0.87    +0.005 (+0.58%)

28 Mar 2024


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General

CEO: Mr. Wee Lih Koh B.Sc., M.B.A., M.Sc.

Headquarters: SG

Employees: 0

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Description

Keppel REIT is a pure-play commercial real estate investment trust with an SGD 9.2 billion portfolio of assets (as of Dec. 31, 2023) across Singapore, Australia, South Korea, and Japan. The majority of its assets are in Singapore, where it owns a 100% stake in Keppel Bay Tower, a 79.9% stake in Ocean Financial Centre, and a 33.33% stake in Marina Bay Financial Centre and One Raffles Quay. The trust is externally managed by Keppel REIT Management, a subsidiary of Keppel Capital. Parent Keppel Corp. currently retains an approximate 47% stake in KREIT.

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