Posts Tagged ‘keppel reit’
Are Singapore’s prime office buildings overpriced in offering 3 per cent yield?
LAST week, OCBC : O39 0% confirmed it is exploring redeveloping its Chulia Street and Church Street property in the Central Business District (CBD). Perhaps, OCBC is encouraged to consider redevelopment, which will involve the bank’s headquarters building, because of the positive picture for prime office towers here. Since Covid-related movement restrictions were lifted, many…
Read MoreKeppel Reit to acquire 50% interest in Sydney office building for A$363.8 million
KEPPEL Real Estate Investment Trust (Reit) : K71U 0% has agreed to acquire a 50 per cent interest in a freehold Grade A office building in Sydney’s central business district (CBD) for A$363.8 million (S$321 million). The remaining interest for the property at 255 George Street will continue to be held by the seller, Mirvac…
Read MoreKeppel Reit doubles down on growth strategy amid uncertainty
IT HAS been a challenging few years, with a global pandemic wreaking havoc on the economy, growing inflationary pressures, and a fast-changing macroeconomic climate. Yet, Keppel real estate investment trust : K71U 0% (Keppel Reit) has held firm through it all, blooming in adversity. The trust’s property income has steadily grown in the past five…
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