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Keppel Pacific Oak US Reit posts Q4 DPU of 1.51 US cents

Claudia Chong
Published Tue, Jan 21, 2020 · 09:50 PM

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Singapore

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.

DPU for the three months ended Dec 31 came in 2.7 per cent above forecast, notwithstanding the rights issue on Nov 26, 2018 that enlarged the unit base.

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