Keppel REIT to Buy 51% Stake in Keppel South Central for S$ 610.9 Million

Bitget2026/10/19 23:01

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Keppel REIT will acquire a 51% stake in Keppel South Central from K-Commercial Investment for approximately S$ 610.9 million.
The transaction covers a 70-year leasehold interest in the Singapore commercial property, with completion expected in the second quarter of 2027.
Total acquisition costs are estimated at S$ 627.1 million, with the agreed property value at S$ 626.2 million for the stake.
Vendor income support will guarantee monthly adjusted net property income of S$ 2.23 million for up to five years from completion.
The acquisition is projected to increase distribution per unit by 2.01%, based on adjusted fiscal 2025 figures incorporating divestments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Keppel REIT published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JTDZLL32YD2NXK7T) on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Keppel REIT to Buy 51% Stake in Keppel South Central for S$ 610.9 Million

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