Keppel Infrastructure Trust is a unique business trust -- with pretty unique assets across different countries and energy sectors.
Okay – technically, not a Singapore REIT. Keppel Infrastructure Trust is a business trust.
What’s the difference? Well, unlike a REIT, a business trust is not limited to owning properties but can own most types of assets. A business trust doesn’t have a gearing ratio limit and isn’t required to distribute 90% of its profits as dividends.
That aside, I’ve received quite a few queries — both from readers and my Diligence members — on Keppel Infrastructure Trust. And I finally got down to writing this.
The last time I wrote about it was here.
Keppel Infrastructure Trust shares have recently tumbled, which makes it very interesting now, because shares currently trade at a 7.8% dividend yield.
Sounds pretty juicy… would I buy this? Let’s dive in.
Keppel infrastructure Trust – a different Singapore REIT
It’s rare to see a business trust that owns energy assets across different countries.
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