The manager of Keppel REIT has renewed its lease with DBS Bank at Marina Bay Financial Centre at a rate that was not disclosed.
Under the lease renewal, DBS Bank, one of the REIT’s key tenants, is set to continue its lease for a term of six years. The lease will commence on Dec 22.
Shares in Keppel REIT closed 0.5 cents lower, or down 0.59%, at 85 cents on Dec 10.