Keppel Reit placement upsized to $123 million

The deal is priced at a 0.1% discount to the dividend-adjusted close, which is the tightest ever for a Singapore Reit placement.
February 25, 2013
Singapore: Home to more than 90% of Keppel Reit's assets

Keppel Reit, one of the biggest real estate investment trusts (Reits) listed in Singapore, and its major unitholder, Keppel Corp, have raised a total of S$153 million ($123 million) from a combined sale of new and existing units.

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