About K-REIT Asia

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. The initial portfolio comprises four buildings, namely Bugis Junction Towers, Keppel Towers and GE Tower, and Prudential Tower Property (approximately 44% of the strata area of the building).

K-REIT Asia completed its maiden acquisition of a one-third interest in a Grade A office building, One Raffles Quay, in December 2007. K-REIT Asia gained a majority 73% ownership interest in Prudential Tower after it acquired an additional six strata floors in November 2009. In March 2010, K-REIT Asia made its first venture overseas with the purchase of a 50% stake in 275 George Street in Brisbane, Australia. With this acquisition, K-REIT Asia’s portfolio size is currently S$2.3 billion.

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.