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Keppel Reit eyes diversification into retail with focus on Singapore

Keppel Reit remains anchored in Singapore despite its foray into Australian retail

Navene Elangovan
Published Mon, Dec 22, 2025 · 07:00 AM
    • Chua Hsien Yang was appointed the chief executive officer of the manager of Keppel Reit on Jan 1, 2025.
    • Chua Hsien Yang was appointed the chief executive officer of the manager of Keppel Reit on Jan 1, 2025. PHOTO: KEPPEL REIT

    [SINGAPORE] Keppel Reit is charting a more diversified growth path that allows for retail assets to account for up to 20 per cent of its office-heavy portfolio.

    But Singapore will remain its anchor market.

    The strategy reflects a careful balancing act for the Singapore-listed real estate investment trust (S-Reit) by tapping opportunities in a recovering retail sector to broaden income streams, while meeting long-standing investor preference for Singapore-focused assets.

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