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Keppel Pacific Oak US Reit's distributable income up 18.5% in Q3

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One Twenty Five in Dallas, Texas, is a Class-A office project which was acquired last November. The Reit manager attributed the growth to contributions from this development.

Singapore

KEPPEL Pacific Oak US Reit (KORE) on Wednesday posted distributable income of US$14.7 million for its third quarter, up 18.5 per cent from a year ago.

It said in an operational update that gross revenue rose 13.5 per cent to US$34.5 million, while net property income went...

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