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Keppel REIT ( (SG:K71U) ) just unveiled an update.
Keppel REIT has announced the issuance of S$100,000,000 in subordinated perpetual securities under its S$2,000,000,000 multicurrency debt issuance programme. The securities, which have received approval-in-principle for listing on the Singapore Exchange, are expected to enhance the trust’s financial flexibility and support its growth strategy, potentially impacting its market positioning and stakeholder value.
The most recent analyst rating on (SG:K71U) stock is a Buy with a S$1.20 price target. To see the full list of analyst forecasts on Keppel REIT stock, see the SG:K71U Stock Forecast page.
More about Keppel REIT
Keppel REIT is a real estate investment trust based in Singapore, primarily involved in the management and investment of commercial properties. It operates under a multicurrency debt issuance programme, focusing on generating stable returns for its stakeholders through strategic property investments.
Average Trading Volume: 9,040,942
Technical Sentiment Signal: Buy
Current Market Cap: S$4.21B
Find detailed analytics on K71U stock on TipRanks’ Stock Analysis page.