Keppel Bay Tower

Keppel REIT’s 1H DPU rose 5% y-o-y to 2.94 cents - THE EDGE SINGAPORE

Results

Keppel REIT’s 1H DPU rose 5% y-o-y to 2.94 cents

Amid Covid-19, Keppel REIT has posted a positive set of results for 1HFY2021 ended June 30.
Keppel Bay Tower converted into a limited liability partnership - THE EDGE SINGAPORE

Property

Keppel Bay Tower converted into a limited liability partnership

Units in Keppel REIT closed 2 cents lower or 1.7% down at $1.15 on May 21.
Keppel is selling Keppel Bay Tower for $657.2 mil to Keppel REIT - THE EDGE SINGAPORE

Company in the news

Keppel is selling Keppel Bay Tower for $657.2 mil to Keppel REIT

Keppel says it will make an estimated gain of about $14.6 million.
Keppel Bay Tower certified as Singapore's first Green Mark Platinum (Zero Energy) building - THE EDGE SINGAPORE

Sustainability

Keppel Bay Tower certified as Singapore's first Green Mark Platinum (Zero Energy) building

The certification makes it the first commercial building in Singapore to achieve this accolade.
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