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Keppel REIT
REITs
Keppel REIT's Tokyo asset achieves full occupancy with new tenancies
Two new tenants brought the KR Ginza II asset in Tokyo to 100% occupancy from 36.3% occupancy at acquisition in Nov 2022.
January 02, 2024
Broker's Calls
Analysts pleased with Keppel REIT, point to strength of Singapore and Australian assets
KREIT is well-positioned with its strong occupancy rates in its Singapore and Australian assets.
October 18, 2023
Results
Keppel REIT reports 10.1% lower y-o-y distributable income from operations of $148.6 mil during 9MFY2023
High borrowing costs and higher property expenses have contributed to lower distributable income for Keppel REIT.
October 17, 2023
Broker's Calls
UOB Kay Hian keeps 'buy' call on Keppel REIT on stable Singapore and improving Sydney
Keppel REIT has set aside $100 million from accumulated capital gains to be distributed to unit holders over five years
October 09, 2023
New appointments
Keppel REIT manager appoints new CFO
Current CFO Kang Leng Hui is stepping down on Oct 27 to pursue other opportunities.
September 26, 2023
Broker's Calls
With 6.8% yield, CGS-CIMB sees downside factored in for Keppel REIT
Keppel REIT will likely enjoy positive rental reversions in the second half of this year for its Singapore properties
September 26, 2023
Company in the news
Keppel Corp seeks name change to 'Keppel' to reflect new structure
Keppel is seeking shareholders' approval for the distribution in specie of Keppel REIT units too
September 26, 2023
REITs
Keppel REIT signs renewable energy solutions tenant for Japan office building, doubling occupancy to nearly 75%
KR Ginza II, a freehold boutique office building in Tokyo’s prime Ginza District, was acquired by Keppel REIT in November 2022.
July 31, 2023
REITs
Keppel’s portfolio of REITs move to different beats, focusing on asset growth or stability
Keppel DC REIT plans asset growth as Keppel REIT focuses on stability of income and DPU
July 27, 2023
Broker's Calls
Keppel REIT's 1HFY2023 results within expectations, analysts highlight healthy rental reversions
The analysts believe Keppel REIT would continue to benefit from positive rental reversions.
July 27, 2023