Keppel Land Limited is the property arm of Keppel Corporation, one of Singapore’s largest multi-national groups with key businesses in offshore and marine, infrastructure, and property.
With beginnings dating back to 1890, Keppel Land is today one of Asia’s premier property companies, recognised for its sterling portfolio of award-winning residential developments and investment grade commercial properties, and high standards of corporate governance and transparency.
Keppel Land is geographically diversified in Asia, with current focus on Singapore, China, India, Vietnam and Indonesia.
The Company has a strategic focus on two core businesses of property development and property fund management.
Keppel Land is one the largest listed property companies by total gross assets on the Singapore Exchange. Its total gross assets amounted to $6.7 billion as at end-March 2010. It is also part of the FTSE ST Real Estate and EPRA/NAREIT indices.
A leading prime office developer in Singapore, Keppel Land contributes to defining and refining the city’s skyline with landmark developments such as Ocean Financial Centre and Marina Bay Financial Centre in the Central Business District (CBD). Keppel Land is also Asia’s premier home developer with world-class iconic waterfront homes at Keppel Bay and Marina Bay.
The Group has a total landbank of about 130 million sf with a pipeline of about 70,000 homes across Asia and the Middle East to tap on the demand for quality housing driven by home ownership aspirations.
An established property fund manager, Keppel Land has two property fund management vehicles, K-REIT Asia, a pan-Asian commercial real estate investment trust, and Alpha Investment Partners (Alpha). As at 31 March 2010, the total assets under management by K-Reit Asia and Alpha will be close to $10.0 billion, when the funds are fully leveraged and fully invested.
Moving into the future, Keppel Land remains focused on becoming the premier developer of choice in Singapore and the region and delivering sustainable earnings to shareholders.
These earnings will come from developing lifestyle homes in Singapore and across Asia, residential townships and other large-scale development in the region, the unlocking of value from its commercial property portfolio and growing fee-based incomes from property fund management.