Keppel Pacific Oak US Reit
US office S-Reits could be on the cusp of a comeback
The worst could be over, with interest rates now edging downwards, and leasing demand and occupancy metrics improving across major office markets
Keppel Pacific Oak US Reit 9-month distributable income falls 14.8% to US$30.4 million
Decline is mainly due to lower cash rental income from higher free rents, increase in finance and other trust expenses
‘The worst has passed’ for US office S-Reits, but investors should not jump in just yet
Investor sentiment towards the sector appears to be stabilising, but recovery among players remains uneven
Keppel Pacific Oak US Reit H1 distributable income falls 16.2% to US$19.9 million
The decline is mainly due to lower cash net property income and higher other trust expenses
Keppel Pacific Oak US Reit Q1 distributable income continues slide, tumbling 19.3% to US$9.6 million
The decline is mainly due to lower adjusted net property income
Keppel Pacific Oak US Reit posts 8.8% fall in distributable income to US$23.8 million for H2
This brings its income available for distribution for the full year down 8.8% to US$47.6 million from US$52.2 million
Singapore-listed US office Reits soar on Trump’s return to office mandate
The trio of US office Reits has recorded strong weekly gains of more than 10%, respectively
Keppel Pacific Oak US Reit Q3 distributable income falls 8.8% to US$11.9 million
Net property income is down 8.8% on the year at US$20.1 million
Hot stocks: US office S-Reits rise on Federal Reserve’s rate cut
The Fed announces an unusually large half-percentage-point reduction
Keppel Pacific Oak US Reit Q2 distributable income falls 8.8% to US$11.9 million; distributions remain suspended
The manager notes that if market conditions allow, distributions may recommence earlier than planned
