Keppel REIT rolls out private placement to fund acquisition of Keppel Bay Tower

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No Keppel REIT plans to raise $270m, and $262m of which will go to funding the property acquisition. Real estate investment firm Keppel REIT announced on 18 February that its private placement price would fall between $1.11 and $1.14 per unit, with approximately 235m to 242m units up for sale. The private placement is expected to be held on 1 March. read more