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Keppel REIT (Keppel REIT) Deferred Policy Acquisition Costs


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What is Keppel REIT Deferred Policy Acquisition Costs?

Deferred Policy Acquisition Costs only applies to banks and insurance companies.


Keppel REIT (Keppel REIT) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Keppel REIT (OTCPK:KREVF) » Definitions » Deferred Policy Acquisition Costs
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Address
1 HarbourFront Avenue, No. 18-01, Level 2 Keppel Bay Tower, Singapore, SGP, 098632
Keppel REIT is a pure-play commercial real estate investment trust with an SGD 9.2 billion portfolio of assets (as of Dec. 31, 2022) across Singapore, Australia, South Korea, and Japan. The majority of its assets are in Singapore, where it owns a 100% stake in Keppel Bay Tower, a 79.9% stake in Ocean Financial Centre, and a 33.33% stake in Marina Bay Financial Centre and One Raffles Quay. The trust is externally managed by Keppel REIT Management, a subsidiary of Keppel Capital. Parent Keppel Corp. currently retains an approximate 47% stake in KREIT.