Issued and Fully Paid Units (As at 27 February 2026)
4,955,086,896 Units (Voting rights: 1 vote per Unit)
There is only one class of Units in Keppel REIT.
Market capitalisation of S$4,806,434,289 based on market closing price of S$0.97 per Unit on 27 February 2026.
Distribution Of Unitholdings (As at 27 February 2026)
| Size of Unitholdings | No. of Unitholders | Unitholding (%) | No. of Units | Unitholding (%) |
| 1- 99 | 4,614 | 6.12 | 222,394 | 0.00 |
| 100 - 1,000 | 27,324 | 36.22 | 13,389,634 | 0.27 |
| 1,001 - 10,000 | 28,933 | 38.35 | 114,358,723 | 2.31 |
| 10,001 - 1,000,000 | 14,498 | 19.22 | 654,303,007 | 13.21 |
| 1,000,001 and above | 68 | 0.09 | 4,172,813,138 | 84.21 |
| Total | 75,437 | 100.00 | 4,955,086,896 | 100.00 |
Twenty Largest Unitholders (As at 27 February 2026)
| No. | Name | No. of Units | Unitholding (%) |
| 1 | Keppel REIT Investment Pte. Ltd. | 1,382,235,181 | 27.90 |
| 2 | Citibank Nominees Singapore Pte Ltd | 730,831,885 | 14.75 |
| 3 | DBS Nominees (Private) Limited | 458,563,390 | 9.25 |
| 4 | HSBC (Singapore) Nominees Pte Ltd | 328,683,438 | 6.63 |
| 5 | Keppel REIT Management Limited | 282,111,392 | 5.69 |
| 6 | DBSN Services Pte. Ltd. | 211,506,132 | 4.27 |
| 7 | Keppel Capital Investment Holdings Pte. Ltd. | 193,023,737 | 3.90 |
| 8 | Raffles Nominees (Pte.) Limited | 162,602,880 | 3.28 |
| 9 | United Overseas Bank Nominees (Private) Limited | 53,507,239 | 1.08 |
| 10 | Phillip Securities Pte Ltd | 39,744,448 | 0.80 |
| 11 | ABN AMRO Clearing Bank N.V. | 30,143,933 | 0.61 |
| 12 | OCBC Nominees Singapore Private Limited | 26,513,457 | 0.54 |
| 13 | OCBC Securities Private Limited | 20,632,721 | 0.42 |
| 14 | BPSS Nominees Singapore (Pte.) Ltd. | 19,248,521 | 0.39 |
| 15 | iFAST Financial Pte. Ltd. | 18,582,705 | 0.38 |
| 16 | UOB Kay Hian Private Limited | 17,337,246 | 0.35 |
| 17 | Moomoo Financial Singapore Pte. Ltd. | 16,753,210 | 0.34 |
| 18 | BNP Paribas Nominees Singapore Pte. Ltd. | 16,641,134 | 0.34 |
| 19 | DB Nominees (Singapore) Pte Ltd | 12,850,136 | 0.26 |
| 20 | Ong Kay Eng | 12,300,000 | 0.25 |
| Total | 4,033,812,785 | 81.43 |
Unitholdings of the Directors of the Manager (As at 21 January 2026)
Based on the Register of Directors’ Unitholdings maintained by the Manager, the direct and deemed interests of each Director in the Units1 of Keppel REIT as at 21 January 2026 are as follows:
| Name of Director | No. of Units |
| Mr Tan Swee Yiow | 2,520,255 (Direct) |
| Mr Ian Roderick Mackie | 150,400 (Direct) |
| Mr Alan Rupert Nisbet | 44,157 (Direct) and 191,388 (Deemed)2 |
| Ms Christina Tan | 312,968 (Direct) |
| Mr Mervyn Fong | 155,457 (Direct) and 3,947 (Deemed)2 |
| Ms Carol Anne Tan | 49,446 (Direct) |
| 1 | As at 21 January 2026, none of the Directors have any interests in any convertible securities in Keppel REIT. |
| 2 | Each of Mr Nisbet and Mr Fong has a deemed interest in Units held by their respective spouses. |
Substantial Unitholders (As at 27 February 2026)
Based on the Register of Substantial Unitholders’ Unitholdings maintained by the Manager, the direct and deemed interests of each Substantial Unitholder of Keppel REIT in the Units of Keppel REIT as at 27 February 2026 are as follows:
| Name | No. of Units | Unitholding (%) |
| Temasek Holdings (Private) Limited | 1,908,707,034 (Deemed)1 | 38.52 |
| Keppel Ltd. | 1,857,370,556 (Direct and Deemed)2 | 37.48 |
| Keppel Management Ltd. | 1,382,235,181 (Deemed)3 | 27.90 |
| Keppel Real Estate (Singapore) Pte. Ltd. | 1,382,235,181 (Deemed)4 | 27.90 |
| Keppel REIT Investment Pte. Ltd. | 1,382,235,181 (Direct) | 27.90 |
| Keppel Capital Holdings Pte. Ltd. | 475,135,129 (Deemed)5 | 9.59 |
| 1 | Temasek Holdings (Private) Limited’s deemed interest arises from the deemed interest held by Keppel Ltd. and other subsidiaries and associated companies of Temasek Holdings (Private) Limited. |
| 2 | Keppel Ltd.’s deemed interest arises from its shareholdings in (i) Keppel Capital Investment Holdings Pte. Ltd. and Keppel REIT Management Limited, both of which are wholly-owned subsidiaries of Keppel Ltd. held through Keppel Capital Holdings Pte. Ltd. and (ii) Keppel REIT Investment Pte. Ltd., a wholly-owned subsidiary of Keppel Ltd. held through Keppel Real Estate (Singapore) Pte. Ltd. and Keppel Management Ltd. |
| 3 | Keppel Management Ltd.’s deemed interest arises from its indirect shareholdings in Keppel REIT Investment Pte. Ltd., a wholly-owned subsidiary of Keppel Real Estate (Singapore) Pte. Ltd. |
| 4 | Keppel Real Estate (Singapore) Pte. Ltd.’s deemed interest arises from its shareholdings in Keppel REIT Investment Pte. Ltd., a wholly-owned subsidiary of Keppel Real Estate (Singapore) Pte. Ltd. |
| 5 | Keppel Capital Holdings Pte. Ltd.’s deemed interest arises from its shareholdings in Keppel Capital Investment Holdings Pte. Ltd. and Keppel REIT Management Limited, both of which are wholly-owned subsidiaries of Keppel Capital Holdings Pte. Ltd. |
Public Unitholders (As at 27 February 2026)
Based on the information available to the Manager as at 27 February 2026, approximately 61.41% of the issued Units in Keppel REIT are held by the public and therefore, pursuant to Rules 1207 and 723 of the Listing Manual of the SGX-ST, it is confirmed that at least 10% of the issued Units in Keppel REIT are at all times held by the public.
Treasury Units and Subsidiary Holdings
As at 27 February 2026, there are no treasury units or subsidiary holdings held by Keppel REIT or the Manager.
