Keppel REIT was listed on 28 April 2006 as K-REIT Asia, its former name. It had 4 office buildings worth S$ 631 million in its initial portfolio. Since then, it expanded its portfolio aggressively and was renamed to its current name in 2012. As at 31 December 2016, Keppel REIT’s portfolio is made up of 8 office assets worth S$ 8.4 billion.
In this article, I’ll list down 10 things you need to know about Keppel REIT before you invest.
#1: Stock Symbol
Ticker Symbol: SGX: K71U
Market Capitalization: S$ 4.45 billion (18 January 2018)
Share Price: S$ 1.33 (20 January 2018)
#2: The Business
Keppel REIT’s office assets are located in Singapore and Australia. They are:
The Singapore portfolio accounts for 89% of Keppel REIT’s total asset under management (AUM) of S$ 8.4 billion in 2016. These properties include:
- Ocean Financial Centre