Keppel Pacific Oak US Reit

Keppel Pacific Oak US Reit obtains US$37.5 million loan facility

The move will ‘substantially’ address refinancing needs for 2026

Prime US Reit's Sorrento Towers in San Diego, California.  DBS is optimistic about the prospects for the S-Reit, whose recent equity fund raising of US$25 million expanded its liquidity to US$120 million. 

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

Revenue rose 0.1% for the first nine months ended Sep 30, compared with the previous year.

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

Prime US Reit, which counts Tower I at Emeryville (above) among its assets, raised US$25 million through a private placement in September.
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‘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

Revenue rose 0.2% in H1 2025 compared to H1 2024 even as distributable income fell.

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

Kore's H2 revenue slipped 3.7 per cent to US$72.1 million from US$74.8 million while its net property income declined 14.1 per cent to US$36.3 million from US$42.2 million.

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

Manulife US Reit’s Class-A Peachtree building in Atlanta in United States; the counter has gained 12.6% in the past week, alongside other Singapore-listed US office Reits.

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

Manulife US Reit gained as much as 8.9 per cent in early morning trade on Thursday.

Hot stocks: US office S-Reits rise on Federal Reserve’s rate cut

The Fed announces an unusually large half-percentage-point reduction