|
 Ocean Financial Centre |
 Prudential Tower |
 MBFC Ph.1 |
 Bugis Junction Towers |
 One Raffles Quay |
 275 George Street |
 77 King Street |
 8 Chifley Square |
K-REIT Asia is a real estate investment trust constituted by the Trust Deed entered into on 28 November 2005 between K-REIT Asia Management Limited as manager of K-REIT Asia and RBC Dexia Trust Services Singapore Limited as trustee of K-REIT Asia. K-REIT Asia was listed on the Singapore Exchange Securities Trading Limited by way of an Introduction on 28 April 2006.
K-REIT Asia's objective is to generate steady and sustainable returns to Unitholders by owning and investing in a portfolio of quality income-producing commercial real estate and real estate-related assets. It has grown its asset size to approximately $6 billion as at 31 December 2011. K-REIT Asia's property portfolio comprises eight quality commercial assets in Singapore and Australia. These include Bugis Junction Towers, a one-third interest in Marina Bay Financial Centre Towers 1 & 2 and Marina Bay Link Mall, a one-third interest in One Raffles Quay, a 92.8% interest in Prudential Tower and an 87.5% interest in Ocean Financial Centre in Singapore. In Australia, K-REIT Asia owns the 77 King Street office tower in Sydney, a 50% interest in 275 George Street in Brisbane and a 50% interest in 8 Chifley Square in Sydney.
K-REIT Asia has a pan-Asian mandate that enables it to invest in quality commercial properties in growth cities across Asia. The Manager of K-REIT Asia aims to achieve stable dividend income and long-term growth in net asset value for Unitholders. To achieve this, the Manager plans to further expand the portfolio by selective acquisitions of quality real estate, raise occupancy and/or rental rates by active asset management of its portfolio and by employing debt and equity financing strategies that are appropriate for the K-REIT Asia portfolio.
For more details on K-REIT Asia, please visit the website at www.kreitasia.com
|