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Keppel REIT ( (SG:K71U) ) has provided an announcement.
Keppel REIT has announced the results of its pro-rata, non-renounceable preferential offering of 923.2 million new units at S$0.96 per unit, launched to raise approximately S$886.3 million. As at the close of the offer on 9 January 2026, the trust received valid acceptances for 709.5 million new units and applications for a further 185.7 million excess units, indicating strong take-up by existing unitholders and solid support for the capital-raising exercise aimed at strengthening its balance sheet and funding growth initiatives.
The most recent analyst rating on (SG:K71U) stock is a Buy with a S$1.12 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 Singapore-listed real estate investment trust investing primarily in income-producing commercial properties, with a focus on prime office assets that generate stable rental income for unitholders.
Average Trading Volume: 10,819,457
Technical Sentiment Signal: Buy
Current Market Cap: S$4.86B
For an in-depth examination of K71U stock, go to TipRanks’ Overview page.