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
Price0.965 SGD
NAV1.350 SGD
Yield (4 quarters)5.78%
Gearing35.8%