822 Followers SGX:K71U - Keppel Reit Keppel Reit
Sector: Real Estate, Industry: Office REITs
Add to Watchlist
   
Add Alert 


Yahoo Finance (Live Price)

SGD 1.21    +0.010 (+0.83%)
Show Basic Chart | 3M    6M    1Y    3Y    5Y          

20 Apr 2021


Loading...
Loading...
Loading...

General

CEO: Mr. Wei Hsing Tham

Headquarters: SG

Employees: 0

Homepage

Description

Keppel REIT, or KREIT, is a commercial real estate investment trust with properties valued at about SGD 9 billion across Singapore, Australia and South Korea. In Singapore, its portfolio consists of a 100% stake in Keppel Bay Tower, a 79.9% stake in Ocean Financial Centre, a 33.33% stake in Marina Bay Financial Centre and a 33.33% stake in One Raffles Quay. In Australia, it owns a 50% stake in five properties across Sydney, Melbourne, Brisbane and Perth. It is also in the process of acquiring 100% stake in Pinnacle Office Park in Sydney. In South Korea, it owns around 99.4% of T Tower in Seoul. The trust is externally managed by Keppel REIT Management Limited, a subsidiary of Keppel Capital. Parent Keppel Corporation currently retains an approximate 48% stake in KREIT.