Keppel Pacific Oak US REIT - RHB Invest 2024-04-19: Another Steady Quarter; BUY

• Keep BUY rating on Keppel Pacific Oak US REIT, with unchanged US$0.29 target price and 104% upside from the current Keppel Pacific Oak US REIT's share price.
• - Read this at SGinvestors.io -

1Q24 business & operational updates

• Keppel Pacific Oak US REIT (SGX:CMOU) posted another stable quarter of operational and financial metrics that met expectations. Portfolio occupancy remains stable at ~90% – expected to be maintained despite some tenant vacates at the end of the year.
• - Read this at SGinvestors.io -

Healthy leasing momentum

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Vijay Natarajan RHB Securities Research | https://www.rhbgroup.com/ 2024-04-17 SGinvestors.io

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