Vacancy has declined to a record low of 3.3% in 1Q26 due to flight to quality as tenants sought premium well-located office space. Leasing demand was driven by financial services, spanning commercial banking, wealth management, asset management and quantitative trading. AI start-ups are graduating from co-working spaces to dedicated offices.
Backfilling vacant spaces at Ocean Financial Centre (OFC) and Keppel Bay Tower (KBT).
- 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/.
Jonathan Koh CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2026-07-08
Read also UOB's most recent report:
2026-07-30 Keppel REIT 1H26 - Prioritising Divestment; Potential Share Buyback.
Price targets by 2 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
