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 REITSource...
Keppel REIT
Price0.870 SGD
NAV1.240 SGD
Yield (4 quarters)6.44%
Gearing41.2%

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