Keppel REIT 1H25 - UOB Kay Hian 2025-07-31: Benefitting From Singapore Growing In Stature As A Regional Hub

• Keppel REIT (SGX:K71U) benefits as Singapore strengthens its positioning as a financial and regional hub. It provides a 2026 yield of 6.9% (CapitaLand Integrated Commercial Trust (SGX:C38U): 5.1%, Suntec REIT (SGX:T82U): 5.0%) and Keppel REIT's share price trades at P/NAV of 0.80x.

1H25 Results:

• - Read this at SGinvestors.io -

Benefitting from flight to quality in Singapore.

• - Read this at SGinvestors.io -
• Portfolio WALE remains long at 4.8 years (top 10 tenants: 9 years). Average signing rents for Singapore CBD offices were S$12.77psf pm in 1H25, higher than average rent of leases expiring of S$11.37psf pm in 2H25.
• Management targets to achieve double-digit positive rental reversion in 2025.

Stronger growth from Australia.

• Read more at SGinvestors.io.

Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.

Previous report by UOB:
2025-04-24 Keppel REIT 1Q25 - Completes AEI For Pinnacle Office Park & 255 George Street.

Price targets by other brokers at Keppel REIT Target Prices.

Listing of research reports at Keppel REIT Analyst Reports.

Relevant links:
Keppel REIT Share Price History,
Keppel REIT Announcements,
Keppel REIT Dividend Payout Dates & Corporate Actions,
Keppel REIT News