KEPPEL REIT

Milestones

2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

2005


  • Keppel Land announced the establishment of Keppel REIT to unlock further value for unitholders on 28 November 2005.

2006


  • Keppel REIT commenced trading on the Main Board of SGX-ST on 28 April 2006.
  • Unitholders voted in favour of the establishment of Keppel REIT at the Extraordinary General Meeting held on 11 April 2006.

2007


  • Keppel REIT was assigned a corporate rating of ‘Baa3' with a stable rating outlook by Moody's on 10 December 2007.
  • Keppel REIT completed the acquisition of its one-third interest in One Raffles Quay on 10 December 2007.
  • Unitholders voted in favour of the proposed acquisition of a one-third interest in One Raffles Quay from Keppel Land at the Extraordinary General Meeting held on 11 October 2007.
  • Keppel REIT announced the proposed acquisition of a one-third interest in One Raffles Quay on 30 July 2007.

2008


  • 396,925,192 rights units commenced trading on the Main Board of SGX-ST on 8 May 2008.
  • Unitholders approved Keppel REIT's proposed rights issue at the Extraordinary General Meeting held on 31 March 2008.

2009


  • 666,703,965 rights units commenced trading on the Main Board of SGX-ST on 23 November 2009.
  • Keppel REIT completed the acquisition of an additional six strata floors in Prudential Tower on 2 November 2009.
  • Keppel REIT announced the acquisition of an additional six strata floors in Prudential Tower on 1 September 2009.

2010


  • Keppel REIT completed the acquisition of the 77 King Street office tower in Sydney, Australia on 21 December 2010.
  • Keppel REIT completed the acquisition of a one-third interest in Marina Bay Financial Centre Towers 1 & 2, Marina Bay Link Mall and the divestment of Keppel Towers and GE Tower on 15 December 2010.
  • Minority Unitholders approved Keppel REIT's proposed acquisition of a one-third interest in Marina Bay Financial Centre Towers 1 & 2, Marina Bay Link Mall and the divestment of Keppel Towers and GE Tower on 8 December 2010.
  • Keppel REIT announced the acquisition of a one-third interest in Marina Bay Financial Centre Towers 1 & 2, Marina Bay Link Mall and the divestment of Keppel Towers and GE Tower on 11 October 2010.
  • Keppel REIT announced the acquisition of the office tower at 77 King Street in Sydney, Australia on 19 July 2010.
  • Keppel REIT completed the acquisition of a 50% stake in 275 George Street in Brisbane, Australia on 1 March 2010.
  • Keppel REIT announced the acquisition of a 50% stake in 275 George Street in Brisbane, Australia on 31 January 2010.

2011


  • Keppel REIT completed the acquisition of 87.5% interest in Ocean Financial Centre on 14 December 2011.
  • 1,159,694,000 new units commenced trading on the Main Board of SGX-ST on 14 December 2011.
  • Keppel REIT obtains "BBB" stable corporate credit rating and "axA" ASEAN scale rating by Standard & Poor's Ratings Services on 8 November 2011.
  • Moody's Investors Service upgraded Keppel REIT's corporate credit rating to Baa3 positive on 19 October 2011.
  • Keppel REIT announced the acquisition of 87.5% interest in Ocean Financial Centre on 17 October 2011.
  • Keppel REIT completed the acquisition of 50% interest in 8 Chifley Square in Sydney, Australia on 28 July 2011.
  • Keppel REIT announced the acquisition of 50% interest in 8 Chifley Square in Sydney, Australia on 18 July 2011.
  • Keppel REIT completed the acquisition of four levels of strata office at Prudential Tower on 3 May 2011.
  • Keppel REIT announced the acquisition of four levels of strata office at Prudential Tower on 21 March 2011.

2012


  • Keppel REIT announced the acquisition of a 50% interest in a new office tower to be built on the Old Treasury Building site in Perth, Australia on 26 September 2012.
  • Keppel REIT acquired additional 12.39% interest in Ocean Financial Centre on 25 June 2012.
  • Keppel REIT issued 60 million new units at premium to market closing price to part finance the additional interest in Ocean Financial Centre.
  • Marina Bay Financial Centre Phase 1 obtains Tax Transparency on 15 June 2012.

2013


  • Moody's Investors Service upgraded Keppel REIT's corporate credit rating to Baa2 positive on 28 August 2013.
  • Keppel REIT completed the acquisition of a 50% interest in 8 Exhibition Street in Melbourne, Australia on 1 August 2013.
  • Keppel REIT announced the acquisition of a 50% interest in 8 Exhibition Street in Melbourne, Australia on 26 June 2013.
  • Keppel REIT completed the acquisition of a 50% interest in a new office tower to be built on the Old Treasury Building site in Perth, Australia on 28 March 2013.

2014


  • Keppel REIT completed the acquisition of a one-third interest in Marina Bay Financial Centre Tower 3 on 16 December 2014.
  • Keppel REIT received overwhelming response for all three resolutions relating to the proposed acquisition of a one-third interest in Marina Bay Financial Centre Tower 3 at the Extraordinary General Meeting held on 24 November 2014.
  • Keppel REIT announced the acquisition of a one-third interest in Marina Bay Financial Centre Tower 3 on 18 September 2014.
  • Keppel REIT completed the divestment of its 92.8% interest in Prudential Tower on 26 September 2014.
  • Keppel REIT announced the divestment of its 92.8% interest in Prudential Tower on 15 May 2014.

2015


  • The Government of Western Australia commenced its 25-year lease at the David Malcolm Justice Centre office tower in Perth on 30 November 2015.
  • Keppel REIT acquired the three remaining prime street-fronting retail units at 8 Exhibition Street in Melbourne on 12 October 2015.
  • Keppel REIT received Certificate of Practical Completion for the office tower on the Old Treasury Building site on 31 August 2015.
  • Keppel REIT celebrated the topping-out of the office tower on the Old Treasury Building site (now known as the David Malcolm Justice Centre) in Perth on 12 March 2015.

2016


  • The Manager, Keppel REIT Management Limited, became a wholly-owned subsidiary of Keppel Capital Pte Ltd, Asia's premier asset manager with a diversified portfolio that includes real estate, infrastructure and data centre properties in key global markets.
  • Keppel REIT divested its 100% interest in 77 King Street on 29 January 2016.

2017


  • Keppel REIT acquired a 50% stake in a premium office tower to be developed at 311 Spencer Street in Melbourne.
  • Keppel REIT commenced construction of the office tower at 311 Spencer Street in August 2017 and completed piling works as at end 2017.

2018


  • Initiation of Unit buy-back programme as part of proactive capital management.
  • Keppel REIT divested a 20% minority stake in Ocean Financial Centre on 11 December 2018. 

2019


  • Keppel REIT completed the divestment of its 100% interest in Bugis Junction Towers on 29 November 2019.
  • Keppel REIT completed the acquisition of a 99.38% interest in T Tower in Seoul on 27 May 2019.
  • Keppel REIT announced its first investment in South Korea with the acquisition of a 99.38% interest in T Tower in Seoul on 23 April 2019.

2020


  • Keppel REIT completed the acquisition of a 100% interest in Pinnacle Office Park in Sydney on 31 December 2020.
  • Keppel REIT announced the acquisition of a 100% interest in Keppel Bay Tower in Singapore on 23 December 2020.
  • Keppel REIT announced the acquisition of a 100% interest in Pinnacle Office Park in Sydney on 13 September 2020.
  • Keppel REIT received Certificate of Practical Completion (effective from 9 July 2020) for the development of Victoria Police Centre at 311 Spencer Street in Melbourne.

2021


  • Keppel REIT completed the acquisition of land for the development of Blue & William at North Sydney on 14 December 2021.
  • Keppel REIT announced the acquisition of a 100% interest in Blue & William, a Grade A office building currently under development in North Sydney, on 30 November 2021. 
  • Keppel REIT completed the divestment of its 50% interest in 275 George Street in Brisbane on 30 July 2021.
  • Keppel REIT completed the acquisition of a 100% interest in Keppel Bay Tower in Singapore on 18 May 2021.

2022


  • Keppel REIT completed the acquisition of KR Ginza II on 30 November 2022.
  • Keppel REIT announced entry into Japan with the acquisition of a 98.5% interest in KR Ginza II, on 28 October 2022.

2023


  • 2 Blue Street (formerly known as Blue & William) received its Certificate of Practical Completion on 3 April 2023.

2024


  • Keppel REIT completed the acquisition of 50% interest in 255 George Street on 9 May 2024.
  • Keppel REIT announced the acquisition of 50% interest in 255 George Street on 1 April 2024. 255 George Street is a freehold Grade A office building located in the highly sought after Core Precinct of Sydney's CBD and this DPU-accretive acquisition will further enhance Keppel REIT's portfolio of quality assets.
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