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BRIEF-Keppel REIT Announces Divestment Of Bugis Junction Towers In Singapore

Oct 1 (Reuters) - Keppel REIT:

* ANNOUNCE DIVESTMENT OF REIT'S STRATA OWNERSHIP OF BUGIS JUNCTION TOWERS IN SINGAPORE TO VILLAGE PROP. PTE FOR SALE PRICE OF $547.5 MILLION

* BASED ON NET PROPERTY INCOME FOR 12 MONTHS PRECEDING 30 JUNE 2019, SALE PRICE TRANSLATES TO A YIELD OF 3.0%

* DIVESTMENT REALISES CAPITAL GAINS OF APPROXIMATELY $378.1 MILLION Source text for Eikon: Further company coverage: