Keppel REIT (SGX:K71U) is looking for acquisitions. During first half 2023 results briefing, for a question regarding potential acquisitions, Wee Lih Koh, CEO said, "Yes. We continue to look at opportunities there.

Again, like I say, right now, we continue to exercise prudent and caution in the market. There has been some transaction going on in the market right now. But those, again, I would caution, are slightly older building.

Some of them require value-add strategy. So not really -- you can't really compare apples to apples to our so-called more core or prime kind of building itself. So we continue to be prudent.

Obviously, I think we like to grow the portfolio but at the right time for the right asset. And one strategy that we could potentially adopt is capital recycling or portfolio optimization because we also have a close eye on our leverage itself, yes".