Blue & William Acquisition Overview
Continuing Portfolio Optimisation: DPU-Accretive Investment
with Regular Coupon throughout Development
Blue & William will offer panoramic views
of the Sydney Harbour Bridge
Deepen Australian footprint with 100% interest in a
freehold Grade A office building currently under
development in North Sydney
Strategic expansion into major commercial district with
excellent connectivity and positive leasing dynamics
4.5% initial NPI yield after practical completion,
with regular coupon throughout development(1)
3-year rental guarantee on any unlet space after
practical completion
Strong sustainability credentials
Keppel REIT
Artist's Impression
(1) During the development period, Lendlease, as the Developer, will provide a coupon of 4.5% per annum on cumulative progress payments made. Coupon
receivable will be applied as a reduction of the progress payments payable by Keppel REIT.
2View entire presentation