Unaudited Results of Keppel REIT for the Second Half and Full Year Ended 31 December 2025

The Directors of Keppel REIT Management Limited, as Manager of Keppel REIT, are pleased to announce the unaudited results of Keppel REIT for the second half and full year ended 31 December 2025.

Keppel REIT well-positioned to leverage continued strong office demand with its increased presence in Singapore’s Core CBD

Key Highlights

• Net property income (NPI) and the share of results of associates and joint ventures for FY 2025 continued their upward trajectory increasing by 6.9% and 13.3% respectively year-on-year
• Achieved rental reversion of 11.5% for leases renewed and portfolio occupancy remained high at 96.7%
• The weighted average lease expiry (WALE) for the portfolio and the top 10 tenants was at approximately 4.4 years^[1] and 8.1 years^[1] respectively
• The Singapore portfolio remained a key contributor to the overall performance
• Completed the acquisitions of a 75% interest in Top Ryde City Shopping Centre in Australia and an additional one-third interest in Marina Bay Financial Centre (MBFC) Tower 3 in Singapore
• Distributable income from operations would have increased by 6.3% year-on-year, if management fees were paid entirely in Units

^[1] Based on attributable committed gross rent. Includes Top Ryde City Shopping Centre and the additional one-third interest in MBFC Tower 3.