3 Reasons Why Investors Love Keppel REIT
Keppel REIT is one of Asia's leading commercial REITs with properties in prime locations in pan-Asia and it is Singapore's 2nd largest commercial REIT, just behind Capitaland Commercial Trust. Keppel REIT was first listed in 2006 with only $600 million worth of assets and has slowly increased its portfolio size over the years through various acquisitions and divestments to a current worth of $7.9 billion. Keppel REIT is extremely popular among dividend investors in Singapore and it is known for being a high-quality REIT with sustainable dividends. Also, Keppel REIT is strongly sponsored by Keppel Land Limited, one of Asia's largest property companies with a total asset valued at $14.2 billion. A strong sponsor such as Keppel Land Limited provides assurance to investors and provides financial stability to Keppel REIT. Keppel REIT's share price has decreased slightly from $1.25 to the current share price of $1.10 due to the COVID-19 pandemic. It is one of the few Singapor