Keppel Pacific Oak US REIT reports stable occupancy and early refinancing progress for 3Q 2025

SGX Filings10-28

Keppel Pacific Oak US REIT announced on Oct, 28 2025 that it has completed the refinancing of all loans due in 2025 and secured a lender commitment to early refinance 59 per cent of the facilities maturing in 2026.

The trust’s portfolio occupancy remained unchanged at 88.0 per cent during the quarter, supported by new and renewal leases covering 168,542 square feet, bringing total leasing volume for the first nine months of 2025 to 449,772 square feet.

Positive rental reversions were recorded at 36.0 per cent for the third quarter and 9.6 per cent for the nine-month period. Aggregate leverage stood at 43.1 per cent, while the interest coverage ratio was 2.5 times.

Income available for distribution for the nine months fell 14.8 per cent year-on-year, mainly due to lower adjusted net property income and higher finance costs, taxes and professional fees.

The REIT said it is on track to restart unitholder distributions for the first half of 2026, with payments expected in the second half of 2026, and plans to adopt a conservative initial payout ratio.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1134591173?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-10-28 07:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1134591173","market":"sg","top_or_hot":-1,"title":"Keppel Pacific Oak US REIT reports stable occupancy and early refinancing progress for 3Q 2025","media":"SGX Filings","content":"\n<p>Keppel Pacific Oak US REIT announced on Oct, 28 2025 that it has completed the refinancing of all loans due in 2025 and secured a lender commitment to early refinance 59 per cent of the facilities maturing in 2026.</p>\n<p>The trust’s portfolio occupancy remained unchanged at 88.0 per cent during the quarter, supported by new and renewal leases covering 168,542 square feet, bringing total leasing volume for the first nine months of 2025 to 449,772 square feet.</p>\n<p>Positive rental reversions were recorded at 36.0 per cent for the third quarter and 9.6 per cent for the nine-month period. Aggregate leverage stood at 43.1 per cent, while the interest coverage ratio was 2.5 times.</p>\n<p>Income available for distribution for the nine months fell 14.8 per cent year-on-year, mainly due to lower adjusted net property income and higher finance costs, taxes and professional fees.</p>\n<p>The REIT said it is on track to restart unitholder distributions for the first half of 2026, with payments expected in the second half of 2026, and plans to adopt a conservative initial payout ratio.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel Pacific Oak US REIT reports stable occupancy and early refinancing progress for 3Q 2025</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel Pacific Oak US REIT reports stable occupancy and early refinancing progress for 3Q 2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2025-10-28 07:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n\n<p>Keppel Pacific Oak US REIT announced on Oct, 28 2025 that it has completed the refinancing of all loans due in 2025 and secured a lender commitment to early refinance 59 per cent of the facilities maturing in 2026.</p>\n<p>The trust’s portfolio occupancy remained unchanged at 88.0 per cent during the quarter, supported by new and renewal leases covering 168,542 square feet, bringing total leasing volume for the first nine months of 2025 to 449,772 square feet.</p>\n<p>Positive rental reversions were recorded at 36.0 per cent for the third quarter and 9.6 per cent for the nine-month period. Aggregate leverage stood at 43.1 per cent, while the interest coverage ratio was 2.5 times.</p>\n<p>Income available for distribution for the nine months fell 14.8 per cent year-on-year, mainly due to lower adjusted net property income and higher finance costs, taxes and professional fees.</p>\n<p>The REIT said it is on track to restart unitholder distributions for the first half of 2026, with payments expected in the second half of 2026, and plans to adopt a conservative initial payout ratio.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CMOU.SI","symbol_name":"吉宝-KBS美国房地产信托","start_time":0,"source_url":"","article_id":"1134591173","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1134591173","pubTimestamp":1761606445,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Keppel Pacific Oak US REIT announced on Oct, 28 2025 that it has completed the refinancing of all loans due in 2025 and secured a lender commitment to early refinance 59 per cent of the facilities...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CMOU.SI":"吉宝-KBS美国房地产信托"},"translate_title":"吉宝太平洋橡树美国房地产投资信托基金报告2025年第三季度入住率稳定和早期再融资进展","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CMOU.SI":1},"content_text":"Keppel Pacific Oak US REIT announced on Oct, 28 2025 that it has completed the refinancing of all loans due in 2025 and secured a lender commitment to early refinance 59 per cent of the facilities maturing in 2026.\nThe trust’s portfolio occupancy remained unchanged at 88.0 per cent during the quarter, supported by new and renewal leases covering 168,542 square feet, bringing total leasing volume for the first nine months of 2025 to 449,772 square feet.\nPositive rental reversions were recorded at 36.0 per cent for the third quarter and 9.6 per cent for the nine-month period. Aggregate leverage stood at 43.1 per cent, while the interest coverage ratio was 2.5 times.\nIncome available for distribution for the nine months fell 14.8 per cent year-on-year, mainly due to lower adjusted net property income and higher finance costs, taxes and professional fees.\nThe REIT said it is on track to restart unitholder distributions for the first half of 2026, with payments expected in the second half of 2026, and plans to adopt a conservative initial payout ratio.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1134591173","isCrawlerRequest":true}