Keppel REIT

Latest Result: 1Q 2026

Sector Breakdown

Geographical Breakdown

Basic Profile

Stock CodeK71U
Listing Date28-Apr-06
Entity TypeREIT
Payout FrequencySemi-Annually
Fiscal Year End31-Dec
SponsorKeppel Ltd.
Key Statistics Stats as at: 2026-07-15
Current Price
S$0.88
Market Cap
S$4.48B
Price / NAV
0.72x
Div Yield (TTM)
5.94%
52 Week Range
52W Low 52W High
Financial Performance

Financial Performance

Gross Revenue$97.81M (QoQ -15.7%)
Net Property Income$59.9M (QoQ +9.7%)
NPI Margin61.2% (QoQ +30.2%)
Distributable Income$104.49M (QoQ -14.6%)
DPU1.27 cents (QoQ +8.5%)

Portfolio Stats

AUMS$5.57B
No. Properties14
Property Yield3.22% (QoQ -21.1%)
Rental Reversion17.2%
Capital Structure

Debt Metrics

Interest Cover 2.6x (QoQ +0.0%)
Avg Debt Term 2.6 years
Gearing Ratio 40.2% (QoQ -16.1%)
Cost of Debt 3.16% (QoQ -7.3%)
Fixed Rate Debt 62.0%
Highest Annual Debt Maturity 29.0%

Lease Expiry

WALE (by GRI) 4.4 years (QoQ +0.0%)
Committed Occupancy 97.1% (QoQ +0.4%)
Income in SGD/Major Currencies 97.0%
Highest Annual Lease Expiry 17.4%

Sponsor & Manager Shareholding

REIT Sponsor 37.621%
REIT Manager 5.709%
Directors of Manager 0.071%

Management Fees

Base Fee 0.5% p.a. of Deposited Property
Performance Fee 3.0% p.a. of NPI
Historical Trends

Dividend Yield (%) (DPU/Price)

P/NAV (Price/NAV)

DPU (cents)

DPU Component % (Distribution Breakdown)

NAV per Unit ($)

Units in Issue (bil)

Gearing Ratio (%)

Adjusted Interest Coverage (x)

Committed Occupancy (%)