KORE to raise US$75.6m from private placement to fund Dallas property buy
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Fiona Lam
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Singapore
KEPPEL Pacific Oak US Reit (KORE), previously known as Keppel-KBS US Reit, has undertaken a private placement to fund its purchase of an office property in the US.
It will raise US$75.6 million after the issue was priced at the higher end of a range of between 70.1 US cents and 72.5 US cents per new unit.
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