Keppel REIT, or KREIT, is a pure play commercial real estate investment trust with an SGD 8.9 billion portfolio of assets (as of March 31, 2022) across Singapore, Australia and South Korea. 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, a 33.33% stake in Marina Bay Financial Centre and One Raffles Quay. The trust is externally managed by Keppel REIT Management Limited, a subsidiary of Keppel Capital. Parent Keppel Corporation currently retains an approximate 47% stake in KREIT.