Keppel REIT
| Dividend Yield | 6.02% |
| P/B Ratio | 0.65 |
| Adjusted ICR | 2.70 times |
| Aggregate Leverage Ratio | 40.0% |
| Occupancy Rate | 96.0% |
| WALE | 4.5 years |
| Fixed Rate Debt | 62.0% |
| Ex-dividend Date | 05 Aug 2026 |
| Record Date | 06 Aug 2026 |
| Payout Date | 15 Sept 2026 |
| Type | Office |
Remarks
The balance sheet remains stable, with aggregate leverage at 40.0%, the weighted average cost of debt declining to 3.27%, and 62% of borrowings fixed-rate, reducing interest rate risk.
David Ang- Jul 30, 2026Keppel REIT's debt maturities are well spread, with approximately 6% maturing in 2026. Management stated that refinancing documentation is already underway, reducing near-term refinancing risk.
David Ang- Jul 30, 2026Keppel REIT reported strong operating performance, with Net Property Income increasing 13.1% YoY and Distributable Income from Operations rising 25.2% YoY, supported by contributions from Top Ryde City Shopping Center, the increased stake in MBFC Tower 3, and lower borrowing costs.
David Ang- Jul 30, 2026Many of Keppel REIT's portfolio properties in Singapore and Australia are not wholly owned by Keppel REIT. This means Keppel REIT does not have full control of the properties.
David Ang- Jul 30, 2026Geographical Exposure
Singapore | 79% |
Australia | 18% |
South Korea | 2% |
Japan | 1% |
Sectoral Exposure
Office | 100% |
Dividend Distribution History (DPU)
Debt Maturity Profile
Disclaimer: We do not guarantee the data above is accurate. The information presented here is for general information only. It is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice or recommendation of any sort. Please do your own research before investing.