Capabilities KeppelLand Flashcards
What does Keppel not have?
Critical mass to be champions in the hospitality business
Who are Keppel’s competitors?
Other companies such as CapitaLand, China Vanke Co., Country Garden Holdings, and Evergrande Group hold that distinction.
Can you explain what is Keppel Land?
Keppel Land Ltd is a significant real estate investor in Asia with a strong presence in Real estate and fund mgmt. They have a strategic focus on two core businesses;
What is Keppel Land strategic focus?
- property development and property fund management.
- It’s recognised for its residential developments and investment grade commercial properties.
What is Keppel’s China portfolio?
Keppel Land China is focused on developing township, residential, waterfront, commercial and mixed-use developments in China. Over the years, the Company has been expanding its footprint in China to over 10 cities. To date, the Keppel Land China more than 30 projects with a total GFA of 7.7 million sm, which translates to over 43,000 homes.
What is Alpha Investment Partners Limited by Keppel Land and what does it do?
A wholly-owned subsidiary company of Keppel Land Limited, It currently manages about US$7,3 billion in assets under management. AIP is an active asset manager. Organised as a Reit (real estate investment trust)
What is a REIT?
It’s a legal entity which is a real estate investment trust,a special vehicle, to avoid double taxation.
People can nvest in large-scale, income-producing real estate without having to buy properties directly.
What’s the key benefit of structuring your company as a REIT?
One of the key benefits of structuring as a REIT is the ability to avoid double taxation. By law, REITs must distribute at least 90% of their taxable income to shareholders in the form of dividends.
The ability to avoid double taxation by distributing a substantial portion of taxable income directly to shareholders in the form of dividends is major advantage.
How do hotel take advantage of the REIT structure?
Additionally, operating as a REIT allows hotels to benefit from diversification within their real estate portfolio. This diversification helps spread risk across different asset classes and locations, reducing overall investment risk for shareholders.
In summary, structuring a hotel as a Real Estate Investment Trust offers tax advantages, access to capital markets and liquidity, steady income streams through dividend distributions, and portfolio diversification benefits.
How did Marriott help itself From bankruptcy?
Marriott’s creation of a REIT, Host Hotels & Resorts, played a crucial role in saving the company from bankruptcy by reducing debt, raising capital, and allowing it to focus on core operations while unlocking the value of its real estate assets.
What was part of your job in Myanmar with Keppel?
Part of my job related to acquisitions. This involved things like negotiating with property owners, conducting due diligence to assess the value and condition of the property and finalising purchase agreements.
