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MarketScreener Homepage  >  Equities  >  Singapore Stock Exchange  >  Keppel REIT    K71U   SG1T22929874

KEPPEL REIT

(K71U)
  Report
End-of-day quote. End-of-day quote Singapore Stock Exchange - 10/30
0.995 SGD   -2.45%
09/13Keppel REIT to Buy Commercial Property in Sydney for A$306 Million
DJ
07/27KEPPEL REIT : Ex-dividend day for interim dividend
FA
07/27KEPPEL REIT : Infrequent or one-off capital gain payment
FA
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Keppel REIT to Buy Commercial Property in Sydney for A$306 Million

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09/13/2020 | 09:06pm EDT

By Martin Mou

Keppel REIT has agreed to buy a 100% stake in a commercial property in Sydney for 306 million Australian dollars (US$222.9 million), a deal the Singapore real-estate investment trust said would raise its distribution per unit.

Keppel REIT will acquire Pinnacle Office Park, a freehold Grade A commercial property comprising three office buildings, from Goodman Group, it said Sunday.

The acquisition is targeted to be completed in the fourth quarter and will be fully funded with Australian dollar-denominated debt for natural hedging, Keppel REIT said.

 

Write to Martin Mou at martin.mou@wsj.com

 


Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / CANADIAN DOLLAR (AUD/CAD) -0.02% 0.93534 Delayed Quote.2.93%
AUSTRALIAN DOLLAR / JAPANESE YEN (AUD/JPY) -0.02% 73.541 Delayed Quote.-3.50%
AUSTRALIAN DOLLAR / NEW ZEALAND DOLLAR (AUD/NZD) 0.06% 1.06227 Delayed Quote.1.75%
AUSTRALIAN DOLLAR / SWISS FRANC (AUD/CHF) 0.05% 0.6439 Delayed Quote.-5.00%
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) -0.02% 0.7026 Delayed Quote.0.32%
BRITISH POUND / AUSTRALIAN DOLLAR (GBP/AUD) 0.27% 1.84235 Delayed Quote.-2.79%
EURO / AUSTRALIAN DOLLAR (EUR/AUD) -0.01% 1.65654 Delayed Quote.3.87%
GOODMAN GROUP 0.93% 18.4 End-of-day quote.37.62%
KEPPEL REIT -2.45% 0.995 End-of-day quote.-19.76%
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All news about KEPPEL REIT
09/13Keppel REIT to Buy Commercial Property in Sydney for A$306 Million
DJ
07/27KEPPEL REIT : Ex-dividend day for interim dividend
FA
07/27KEPPEL REIT : Infrequent or one-off capital gain payment
FA
07/15KEPPEL REIT : half-yearly earnings release
04/29KEPPEL REIT : Ex-dividend day for interim dividend
FA
04/29KEPPEL REIT : Infrequent or one-off capital gain payment
FA
01/30KEPPEL REIT : Infrequent or one-off capital gain payment
FA
01/30KEPPEL REIT : Ex-dividend day for final dividend
FA
01/17KEPPEL REIT : annual earnings release
2019KEPPEL REIT : Infrequent or one-off capital gain payment
FA
More news
Financials
Sales 2020 160 M 117 M 117 M
Net income 2020 126 M 92,0 M 92,0 M
Net Debt 2020 2 181 M 1 596 M 1 596 M
P/E ratio 2020 54,1x
Yield 2020 5,74%
Capitalization 3 391 M 2 484 M 2 482 M
EV / Sales 2020 34,8x
EV / Sales 2021 31,8x
Nbr of Employees -
Free-Float 99,4%
Chart KEPPEL REIT
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Keppel REIT Technical Analysis Chart | MarketScreener
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Technical analysis trends KEPPEL REIT
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Average target price 1,16 SGD
Last Close Price 1,00 SGD
Spread / Highest target 40,7%
Spread / Average Target 16,6%
Spread / Lowest Target -14,6%
EPS Revisions
Managers
NameTitle
Swee Yiow Tan Chief Executive Officer & Executive Director
Yoke Sim Goh Chairman
Chiang Huat Lee Independent Non-Executive Director
Bak Liang Lor Independent Non-Executive Director
Hua Mui Tan Non-Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
KEPPEL REIT-19.76%2 484
EQUINIX, INC. (REIT)25.28%64 757
DIGITAL REALTY TRUST, INC.20.51%40 393
ALEXANDRIA REAL ESTATE EQUITIES, INC.-6.23%20 445
REALTY INCOME CORPORATION-21.42%20 192
SEGRO PLC0.54%13 921