Keppel REIT Announces S$610.9 Million Office-Tower Stake Acquisition

On 20 October, Keppel REIT announced plans to acquire a 51% interest in Keppel South Central, a 33-storey Grade A commercial building in Singapore’s Tanjong Pagar district. The estimated purchase consideration is S$610.9 million, and the agreement includes a guaranteed monthly income arrangement of S$2.23 million for up to five years; completion is expected in the second quarter of 2027, subject to approvals. Property developers, investors and asset managers can explore opportunities in commercial property analysis, facilities planning and leasing performance. HPC can support property dashboards, feasibility modelling and digital asset-management workflows; contact HPC for a quotation on relevant technology services.