The acquisition of KR Ginza II in Nov 2022 marked Keppel REIT’s strategic entry into Japan. KR Ginza II is managed by Keppel’s Fund Management and Investment team in Japan, which has 19 years of track record in investing and managing various assets worth more than JPY250 billion ($2.34 billion).
Keppel REIT’s’s (SGX:K71U
) freehold boutique office building in Tokyo, KR Ginza II, has achieved full occupancy with the introduction of two new tenants at the start of 2024.
On Jan 2, the manager of the REIT announced the new tenants from the technology, media and telecommunications sector at KR Ginza II, bringing the asset to 100% occupancy from 36.3% occupancy at acquisition.
