Investor Presentaiton
9M 2023 Key Highlights
A Resilient Portfolio of
Prime Commercial Assets
Anchored in key business districts of
Singapore, Australia, South Korea and
Japan
Singapore,
79.0%
$9.2b
Prime commercial
portfolio
as at 30 Sep 2023
Australia,
16.8%
South Korea,
3.3%
Japan, 0.9%
Healthy Demand
for Prime Office
High Portfolio Occupancy
95.9% (1)
As at 30 September 2023
Long Portfolio WALE
5.6 years
Top 10 tenants' WALE at 10.0 years
As at 30 September 2023
Stable Leasing Momentum
1,103,800 sf
Space committed in 9M 2023
Prudent Capital
Management
Aggregate Leverage
39.5%
As at 30 September 2023
All-in interest rate
2.85% p.a.
As at 30 September 2023
Fixed Borrowings
76%
Borrowings on fixed rates as at 30 September 2023
Keppel REIT
(1) The portfolio occupancy would have been 97.9% which is an increase from 97.0% as at 30 June 2023 if Blue & William, which achieved practical completion on 3
April 2023, is excluded. Blue & William achieved committed occupancy of 42.5% and is receiving a rental guarantee on unlet space for a period of up to three years
from the practical completion date. Rental guarantee received for the period from practical completion date to 30 September 2023 amounted to $7.5 million.
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