Keppel REIT

Markets

Mapletree Logistics Trust added to STI; Golden Agri-Resources dropped

SINGAPORE (Dec 5): Mapletree Logistics Trust (MLT) will be added as a constituent of the benchmark Straits Times Index (STI) – replacing Golden Agri-Resources (GAR) – in the only change following a December quarterly review, FTSE Russell announced on

Broker's Calls

Analysts upbeat on Keppel REIT's 3Q performance

SINGAPORE (Oct 17): Keppel REIT announced its 3Q19 results yesterday and analysts say it will continue to do well.

Results

Keppel REIT posts 2.9% increase in 3Q DPU to 1.40 cents

SINGAPORE (Oct 16): The manager of Keppel REIT has declared distribution per unit (DPU) of 1.40 cents for the 3Q19 ended September, some 2.9% higher than DPU of 1.36 cents a year ago.
Keppel REIT selling Bugis Junction Towers for $547.5 mil

Property

Keppel REIT selling Bugis Junction Towers for $547.5 mil

SINGAPORE (Oct 1): Keppel REIT is divesting its strata ownership of Bugis Junction Towers, which it has held since its listing in 2006, for a sale price of $547.5 million.

Results

Keppel REIT posts 2.1% drop in 2Q DPU to 1.39 cents

SINGAPORE (July 15): The manager of Keppel REIT has declared distribution per unit (DPU) of 1.39 cents for the 2Q19 ended June, some 2.1% lower than DPU of 1.42 cents a year ago.

Results

Keppel REIT reports 2.1% drop in 1Q DPU to 1.39 cents

SINGAPORE (Apr 17): The manager of Keppel REIT has declared distribution per unit (DPU) of 1.39 cents for the 1Q19 ended March, some 2.1% lower than DPU of 1.42 cents a year ago.

Broker's Calls

Keppel REIT to benefit from lease renewals, Australia portfolio going forward: UOB

SINGAPORE (Mar 7): UOB Kay Hian is maintaining its “buy” call on Keppel REIT with a target price of $1.35 on expectations of the REIT to benefit from the full-year impact of leases, which were renewed in 2018, this year.

Results

Keppel REIT posts 4.9% lower 4Q DPU of 1.36 cents

SINGAPORE (Jan 21): The manager of Keppel REIT has declared a 4Q18 distribution per unit (DPU) of 1.36 cents, representing a 4.9% decline from its quarterly DPU of 1.43 cents a year ago.

M&A

Keppel REIT divests 20% stake in Ocean Financial Centre to Allianz RE for $537 mil

SINGAPORE (Nov 30): Keppel REIT is divesting a 20% stake in Ocean Financial Centre to Allianz Real Estate.
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