Keppel Real Estate Investment Trust (Keppel REIT)

Analysts maintain 'buy' on Keppel REIT with lower TPs following 9MFY2022 results announcement - THE EDGE SINGAPORE

Broker's Calls

Analysts maintain 'buy' on Keppel REIT with lower TPs following 9MFY2022 results announcement

The analysts describe the anniversary distribution as a bold and rare move, especially in such a challenging environment.
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 REIT subsidiary obtains $120 mil green loan facility - THE EDGE SINGAPORE

Green loans

Keppel REIT subsidiary obtains $120 mil green loan facility

The aggregate level of facilities under the Keppel REIT group currently stands at $2.23 billion.
Keppel REIT posts 22% higher distributable income of $51.6 mil for 1Q2021 - THE EDGE SINGAPORE

Results

Keppel REIT posts 22% higher distributable income of $51.6 mil for 1Q2021

Units in Keppel REIT closed flat at $1.21 on April 21.

Broker's Calls

Singapore and US office S-REITs to benefit as more workers return to office: DBS

DBS is positive on Singapore office and US office S-REITs as vaccinations boost a return to normalcy.

REITs

Keppel REIT buying Pinnacle Office Park in Sydney for $303.3 million

The acquisition will give an initial net property income yield of 5.25%.

REITs

WeWork's cancelled IPO to have limited impact on CCT

Singapore (Oct 7): WeWork’s aborted IPO, announced amid questions over corporate governance, mounting losses and unrealistic valuations, has raised questions over whether the office space leasing company can meet its commitments for properties it plans
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