Blue & William Acquisition Overview
Continuing Portfolio Optimisation Efforts (Cont'd)
■ Reduces Keppel REIT's exposure to any single asset and further diversifies its income streams
Portfolio will grow to S$9.0 billion with Grade A commercial assets in key business districts of Singapore, Australia
and South Korea
Pre-Acquisition
3.6%
16.4%
Assets Under Management
% Assets Under Management
Pre-Acquisition Post-Acquisition
Ocean Financial Centre, Singapore
24.0%
23.1%
Marina Bay Financial Centre, Singapore
34.0%
32.7%
Post-Acquisition
3.4%
One Raffles Quay, Singapore
14.4%
13.8%
Keppel Bay Tower, Singapore
7.6%
7.5%
19.5%
8 Chifley Square, Sydney
2.7%
2.6%
As at
30 Sep 2021
Pinnacle Office Park, Sydney
3.5%
3.4%
S$9.0b
Blue & William, Sydney
3.7%
8 Exhibition Street, Melbourne
Victoria Police Centre, Melbourne
3.1%
3.0%
4.4%
4.2%
77.1%
80.0%
David Malcolm Justice Centre, Perth
2.7%
2.6%
T Tower, Seoul
3.6%
3.4%
As at
30 Sep 2021
S$8.6b
Keppel REIT
Singapore
Australia
South Korea
Note: Based on assets under management as at 30 September 2021, assuming Blue & William had achieved practical completion by 30 September 2021. 10View entire presentation