Blue & William Acquisition Overview
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Continuing Portfolio Optimisation Efforts
Acquisition of Blue & William at an initial NPI yield of 4.5% is part of ongoing
portfolio optimisation efforts to improve portfolio yield
Building a robust portfolio of quality and well-located assets that will further
enhance income stability and create long term Unitholder value
Portfolio Profile Post-Acquisition:
19.5%
3.4%
■ Singapore
AUM:
S$9.0b
■ Australia
■ South Korea
Keppel REIT
South Korea
T Tower, Seoul
77.1%
Singapore
Ocean Financial Centre
Marina Bay Financial Centre
One Raffles Quay
Keppel Bay Tower
Australia
Blue & William, Sydney
8 Chifley Square, Sydney
Pinnacle Office Park, Sydney
8 Exhibition Street, Melbourne
Victoria Police Centre, Melbourne
David Malcolm Justice Centre, Perth
*Expected practical
completion in mid-2023*
32.6%
NLA:
4.2m sf
■ Leasehold
■ Freehold
67.4%
10* out of 11
green-certified properties
Note: Based on assets under management as at 30 September 2021, assuming Blue & William had achieved practical completion and green certification
by 30 September 2021.
* The Manager is targeting to obtain green certification for T Tower by 2022.
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