SINGAPORE (June 26): DBS analysts Rachel Tan and Derek Tan are maintaining their “buy” calls on Keppel Pacific Oak US REIT (KORE) with a lowered target price of 85 US cents from 90 US cents previously. “Trading at > 8% yield and 0.9x P/NAV, we believe there is still upside with greater inv...

SINGAPORE (June 22): The manager of Starhill Global REIT announced that Lendlease Global Commercial REIT has been added to the FTSE Singapore All Cap Index and the Benchmark Index on Monday. The Benchmark Index is relevant to the determination of the performance fee that may be paid to the manager u...

KEPPEL Pacific Oak US Reit (KORE) on Monday posted a 16.1 per cent increase in its distributable income to US$14.4 million for the first quarter this year, up from US$12.4 million a year ago. 

SINGAPORE (Apr 14): While several of Singapore’s Real Estate Investment Trusts (S-REITs) are feeling the heat of movement control orders, RHB Group Research is optimistic that Keppel Pacific Oak US REIT (KORE) can stand the test of the ongoing Covid-19 pandemic. “Covid-19’s impact on KORE’s...

SINGAPORE (Mar 20): DBS Group Research has “buy” call on all three US office Singapore REITs. It has target prices of $1.15 on Manulife US REIT, $1.05 on Prime US REIT and 90 cents on Keppel Pacific Oak US REIT. Following the recent development of the Covid-19 spreading to North America and Eur...

KEPPEL Pacific Oak US Reit (KORE), previously known as Keppel-KBS US Reit, on Tuesday posted a fourth-quarter restated distribution per unit (DPU) of 1.51 US cents, higher than the restated DPU of 1.25 cents in the same period a year ago.

SINGAPORE (Jan 21): Keppel Pacific Oak US REIT (KORE) reported a distribution per unit (DPU) of 1.51 US cents for 4Q19 ended December, some 26.9% higher than its forecasted DPU of 1.19 US cents.  This was also some 23.8% higher than DPU of 1.22 US cents in 4Q18.   This brings KORE’s DPU for FY...

KEPPEL Pacific Oak US Reit (KORE), previously known as Keppel-KBS US Reit, on Tuesday posted a fourth-quarter restated distribution per unit (DPU) of 1.51 US cents, higher compared with the restated DPU of 1.25 US cents in the same period a year ago.

Submitted By:  Staff Reporter Case Study:  No $560m were raised in placements and $380m in rights issues. Five REITs raised $940m in new units following secondary f...

SINGAPORE (Oct 23): The Queen Mary Long Beach, a decommissioned ocean liner that has now been converted into a 347-room upscale hotel in California, is one of the key assets in the 18-property portfolio of Eagle US Hospitality Trust. But following a series of damning reports by an independent inspe...