Keppel REIT (K71U.SI)
Keppel REIT operates in the REIT - Office industry of the Real Estate sector, headquartered in Singapore, CE, SG. The stock last traded at $0.84, up 0.00% on the session, giving a market capitalisation of $3.31B. Its beta of 0.39 implies it has historically moved less than the broad market.
Launched on April 28, 2006, Keppel REIT stands as a premier real estate investment trust in Asia, managing a portfolio of Grade A commercial properties located in key business districts across the region. Its core objective is to ensure stable income and long-term capital appreciation for its Unitholders by acquiring and investing in high-quality, income-generating commercial real estate and related assets throughout Singapore and the wider Asian market. The REIT oversees assets valued at over $8 billion, spread across Singapore, major Australian cities including Sydney, Melbourne, Brisbane, and Perth, as well as Seoul, South Korea. Keppel REIT is sponsored by Keppel Land Limited, a prominent property company in Asia, and is managed by Keppel REIT Management Limited. This management entity is a wholly-owned subsidiary of Keppel Capital Holdings Pte Ltd (Keppel Capital), an esteemed Asian asset manager known for its diversified holdings in real estate, infrastructure, and data centre properties across significant global markets.
Keppel REIT is most often compared with the following Real Estate names: