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The latest update is out from Keppel REIT ( (SG:K71U) ).
Keppel REIT has announced the pricing of S$100 million 3.28% subordinated perpetual securities under its S$2 billion multicurrency debt issuance programme. The proceeds from this issuance will be used for financing or refinancing acquisitions, asset enhancements, and general working capital purposes, potentially strengthening Keppel REIT’s financial position and operational capabilities.
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 focuses on high-quality office assets located in key business districts across Asia, aiming to provide stable and sustainable returns to its stakeholders.
Average Trading Volume: 9,235,054
Technical Sentiment Signal: Buy
Current Market Cap: S$4.25B
For an in-depth examination of K71U stock, go to TipRanks’ Overview page.