Keppel REIT Acquiring 51% Stake in Keppel South Central From Keppel Ltd
Keppel REIT is acquiring a 51% stake in Keppel South Central, or KSC, from sponsor Keppel Ltd for about SGD 611 million. The office building had committed occupancy of 48.8% as of the end of September 2026. To support the transaction, Keppel Ltd has provided income guarantees for up to five years.