Keppel REIT (K71U) announced on Jan, 21 2026 that it has fully utilised the 886.3 million Singapore dollars raised from its non-renounceable preferential offering of 923,189,327 new units.
The proceeds were applied to repay an equity bridge loan used to fund the purchase of an additional one-third interest in Marina Bay Financial Centre Tower 3.
The trust said 10.7 million Singapore dollars that had initially been earmarked for transaction expenses was reallocated to the acquisition cost, resulting in the full deployment of the fundraising proceeds and no remaining balance.