Since REITs began listing in Singapore in 2002, they have experienced at least one Great Recession following the Global Financial crisis of 2008-2009 and one pandemic, which we are still fighting against. Yet, over the two decades, REITs have delivered some of the best gains compared to other asset ...

Analysts from UOB Kay Hian and RHB Group Research have kept their "buy" ratings and target prices unchanged for Keppel Pacific Oak US REIT (KORE) after its 3QFY2021 ended September business updates were released on Oct 27. KORE reported a distributable income of US$15.9 million ($21.4 million), wh...

OFFICE-FOCUSED Keppel Pacific Oak US Reit (KORE) said its third-quarter distributable income rose 8.4 per cent to US$15.9 million on the back of recent acquisitions and stronger performance from its portfolio.

OFFICE-FOCUSED Keppel Pacific Oak US Reit (KORE) said its third-quarter distributable income rose 8.4 per cent to US$15.9 million on the back of recent acquisitions and stronger performance from its portfolio.

Keppel Pacific Oak US REIT’s (KORE) income available for distribution rose 8.4% y-o-y to US$15.9 million in 3Q2021 ended September 30. This was driven by the acquisitions of Bridge Crossing in Nashville and 105 Edgeview in August, as well as stronger performance from its existing portfolio, acco...

Keppel Pacific Oak US REIT Managment has appointed Bridget Lee Siow Pei to its board as a non-executive, non-independent director, replacing Paul Tham. Tham will be stepping down from the board with effect from 20 October 2021 to "pursue other opportunities", after having served for more than four y...

Investors should accumulate reopening plays during this month of heightened uncertainty and volatility, as Covid-19 cases are expected to peak in October and stabilise thereafter, says UOB Kay Hian Research analyst Jonathan Koh. In an Oct 1 note, Koh is maintaining “overweight” on S-REITs, with ...

RHB Group Research’s Vijay Natarajan has maintained his “buy” rating on Keppel Pacific Oak US REIT (KORE) with a target price of 90 US cents, citing US office recovery. “Although there has been a slight delay in [the] timeline, more employees are expected to return to the office in the US in...

UOB Kay Hian is keeping its “overweight” rating on the Singapore REITs (S-REITs) sector despite the country’s recent surge in daily Covid-19 infections. This is as most of the new infected cases are asymptomatic or have mild symptoms. Thankfully, this means that ICU admission and deaths remain...

The manager of Cromwell European REIT (CEREIT) has announced the inclusion of CEREIT into the FTSE EPRA Nareit Global Developed Markets Index with effect from Sept 21. The REIT joins 10 other Singapore REITs (S-REITs) that will be admitted to the FTSE EPRA Nareit Global Real Estate Index Series foll...