RHB Securities has recommended investors to “buy” Manulife US REIT and Keppel Pacific Oak US REIT due to their strong fundamentals. This comes after both REITs posted robust 1H FY20 results despite the number of novel coronavirus (Covid-19) cases continuing to rise sharply in the US. “Con...

DAVID Snyder, the CEO of Keppel Pacific Oak US Reit (KORE), doesn't believe in long weighted average lease expiries (WALEs), because he thinks it prevents landlords from realising positive rent increases for good properties located in strong markets.

RHB has maintained its “buy” call for Keppel Pacific Oak US REIT (KORE) with a target price of US$0.80 (SG$1.10) on its “strong” set of 1H20 results, and distribution per unit (DPU) coming ahead of the brokerage’s expectations. On July 22, KORE reported 2Q20 DPU of 1.56 US cents, some 4.0%...

UOB Kay Hian (UOBKH) has taken a renewed interest in Manulife US REIT after announcements on companies its premises to employees in the US. So far, Facebook’s employees resumed work at its US office on July 6, while Google and Amazon are looking to have their staff back on September 8 and January ...

KEPPEL Pacific Oak US Reit (KORE) on Wednesday posted a second-quarter distribution per unit (DPU) of 1.56 US cents, 4 per cent higher than a year ago, helped by factors such as positive rental reversion from lease renewals and income from new leases. 

KEPPEL Pacific Oak US Reit (KORE) on Wednesday posted a second-quarter distribution per unit (DPU) of 1.56 US cents, 4 per cent higher than a year ago.

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SINGAPORE (July 22): The manager of Keppel Pacific Oak US REIT (KORE) reported a distribution per unit (DPU) of 1.56 US cents for 2Q20 ended June, some 4.0% higher than its DPU of 1.50 cents in 2Q19. This brings KORE’s 1H20 DPU to 3.10 US cents, 3.3% higher than the 3.0 US cents reported a year ag...

KEPPEL Pacific Oak US Reit (KORE) has obtained a US$115 million, five-year term loan facility to pay off its borrowings that are due in November 2021, the real estate investment trust's (Reit) manager said in an exchange filing on Thursday.

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...