Keppel REIT (OTCMKTS:KREVF) Shares Gap Up – Time to Buy?

Keppel REIT (OTCMKTS:KREVFGet Free Report)’s share price gapped up before the market opened on Friday . The stock had previously closed at $0.7383, but opened at $0.7783. Keppel REIT shares last traded at $0.7783, with a volume of 9,223 shares changing hands.

Keppel REIT Price Performance

The business has a 50-day moving average of $0.74 and a 200 day moving average of $0.76.

Keppel REIT Company Profile

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Keppel REIT (OTCMKTS:KREVF) is a Singapore-based real estate investment trust sponsored by Keppel Land, a subsidiary of Keppel Corporation. Established in 2006 and listed on the Singapore Exchange, the REIT focuses on investing in premium office properties within the Asia-Pacific region.

The portfolio comprises six Grade A office buildings in Singapore’s Central Business District, including landmark developments such as Marina Bay Financial Centre Tower 1, Maritime Square Tower 2 and Ocean Financial Centre.

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