Keppel REIT's units fell down up to 2%
with just Keppel Corporation Ltd would sell a 6.7 % stake in the
trust for S$280 million.
Price down notice after a 5-1/2-year
high of S$1.63 last week, outperforming a 13 % rise in the sector
index.
Keppel REIT alive at S$1.57 per unit 7 sell price of $1.555 for
the 180 million units or 6.7 percent of the total issued units. it
remained positive on Keppel REIT because of the trust's strong office
portfolio in Singapore, and retained its target price of S$1.64.
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