S-REIT Investment Blog
Analysis of Keppel REIT - Big and Steady but...
Current Price on 15th July 2019 = $1.26Yield = 4.41% Price-to-book Ratio = 0.962Assets per unit = $2.223Debt per unit = $0.914 (including current liabilities, perpetual securities and non-controlling interest)Gearing = 41.1%Secured NAV = $1.309 (103% of trading price)It has been a while since I research on Keppel REIT. I remember it was one of my anchor investments a few years back. But I have sold it long time ago and never look back. They are a big REIT in terms of assets and market capitalization. Now I just want to take a look and see how far it has come.With a yield of 4.41%, their yield is actually lower than some of the bonds that is offered in the market. It is probably one of the lowest yielding REIT currently. However, its price-to-book ratio is 0.962 which means we ar