Keppel REIT is one of the largest real estate investment trusts (REITs) listed on the Singapore Exchange Securities Trading Limited (SGX-ST) with assets under management of more than $7.2 billion as at 30 June 2014.
Its sterling portfolio comprises ten quality office properties strategically located in the central business districts of Singapore, and key cities of Sydney, Melbourne, Brisbane and Perth in Australia. These stable income-producing office assets are tenanted by established corporations across various business sectors and enjoy high occupancy rates. They generate stable cash flows and deliver sustainable returns to investors of Keppel REIT.
In Singapore, Keppel REIT owns a 99.9% interest in Ocean Financial Centre, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and Marina Bay Link Mall, a one-third interest in One Raffles Quay, a 92.8% interest in Prudential Tower, and Bugis Junction Towers.
In Australia, Keppel REIT owns five premium commercial assets: a 50% interest in 8 Chifley Square and the office tower at 77 King Street, both in Sydney, a 50% interest the office building at 8 Exhibition Street in Melbourne, a 50% interest in 275 George Street in Brisbane, as well as a 50% interest in the new office tower to be built on the site of the Old Treasury Building in Perth.