Keppel REIT’s share of results from joint ventures comprises its one-third interests in One Raffles Quay and Marina Bay Financial Centre (Towers 1 and 2 and Marina Bay Link Mall), two-third interest in MBFC Tower 3 and 50% interests in 8 Chifley Square and David Malcolm Justice Centre.
Keppel REIT’s net property income (NPI) rose 9.7% y-o-y in 1QFY2026 ended March 31 “mainly to contributions from Top Ryde City Shopping Centre and increased occupancy at Ocean Financial Centre”.
Share of results of joint ventures increased by 37.6% y-o-y due mainly to contribution from the additional one-third interest in Marina Bay Financial Centre (MBFC) Tower 3 (announced in December 2025), along with higher rentals and lower borrowing costs.
