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Keppel Bay Tower converted into a limited liability partnership

Felicia Tan
Felicia Tan • 1 min read
Keppel Bay Tower converted into a limited liability partnership
Units in Keppel REIT closed 2 cents lower or 1.7% down at $1.15 on May 21.
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Keppel Bay Tower has been converted into a limited liability partnership following the acquisition by the manager of Keppel REIT.

Keppel REIT (Singapore) Trust and Keppel REIT have entered into a limited liability partnership on May 21 to regulate the partnership of Keppel Bay Tower LLP.


See: Keppel is selling Keppel Bay Tower for $657.2 mil to Keppel REIT

Keppel REIT has been granted tax transparency treatment on the distribution receivable out of the income from the property.

Units in Keppel REIT closed 2 cents lower or 1.7% down at $1.15 on May 21.

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