Stocks to watch: Suntec Reit, KTL Global, Keppel Reit, Keppel Infra Trust

Suntec Reitafter acquiring the entire stake in a freehold Grade A office building in Adelaide, South Australia for A$148.3 million . This is its first foray into Adelaide. The 12-storey property has an approximate net lettable area of 282,000 square feet and had undergone several rounds of refurbishment. Its units closed flat at S$1.94 on Monday.with three Chinese utility operators. The three operators will pay Bluegas a quarterly service fee, KTL Global said in a bourse filing on Tuesday.

5 million yuan as at June 30. Watch-list stock KTL Global closed up S$0.003 or 10 per cent at S$0.033 on Monday., due mainly to lower one-off income from Ocean Financial Centre and lower revenue and net property income from Bugis Junction Towers. The real estate investment trust had received lower one-off income due to the early surrender of leases and absence of rental support top-up payments for its one-third interest in Marina Bay Financial Centre Tower 3.

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