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Keppel REIT ( (SG:K71U) ) has provided an update.
Keppel REIT has announced the update and upsize of its Multicurrency Debt Issuance Programme, increasing the programme limit from S$1 billion to S$2 billion. This strategic move allows Keppel REIT to issue notes and perpetual securities, with the proceeds aimed at financing acquisitions, investments, and general working capital, enhancing its financial flexibility and positioning in the real estate market.
The most recent analyst rating on (SG:K71U) stock is a Hold with a S$0.90 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 focused on investing in a diversified portfolio of income-producing commercial properties. The company is involved in the real estate industry, offering investment opportunities in high-quality office spaces across key business districts in Asia-Pacific.
Average Trading Volume: 6,806,843
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$3.41B
Find detailed analytics on K71U stock on TipRanks’ Stock Analysis page.