Keppel REIT announces on 17th January 2016 that it has divested 100% of its interest in 77 King Street, Sydney, Australia  for A$160 million. The news came one day before Keppel REIT announces its financial results on 18th January 2016. 77 King Street is a freehold Grade A commercial building in Sydney’s Central Business District. 77 King Street comprises 18 levels of offices and two basement levels of retail space. Its tenants include Apple, Facebook and Capgemini. According to the news released on Keppel REIT website, the sale was 40% of the original purchase price of A$116 million in year 2010. The buyer is ARE Noble Pty Ltd, a wholly-owned subsidiary of Invesco Asia Core Fund. The proceeds from the sale will be used to pay off existing debts and used for future investment opportunities. With the divestment of 77 King Street, below is the updated portfolio of Keppel ......