Keppel REIT Sells Bugis Junction Towers

News about Keppel REIT

Keppel REIT is announcing the sale of its Bugis Junction Towers property (Singapore). The sale price of S$547.5 million is 6.3% above the latest valuation ; no specific plans for the proceeds have been announced yet.

Keppel REIT
Price0.835 SGD
NAV1.290 SGD
Yield (4 quarters)6.95%
Gearing38.9%