Keppel Land, Keppel Reit commit to fully pass on property tax rebate to office, retail tenants
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Singapore
KEPPEL Land and Keppel Reit (real estate investment trust) said on Thursday that they will fully pass on the property tax rebate to their office tenants to support them during the Covid-19 outbreak.
Their tenants include offices in Keppel Land's Keppel Bay Tower, as well as those in Keppel Reit's Ocean Financial Centre, Marina Bay Financial Centre and One Raffles Quay. The Reit owns a 79.9 per cent interest in Ocean Financial Centre, and a one-third stake for both Marina Bay Financial Centre and One Raffles Quay.
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