Keppel Pacific Oak US Reit's Payout Ratio May Be Narrower Than Expected

Dow Jones09-12

0451 GMT - UOB Kay Hian's Jonathan Koh recalibrates his forecasts for Keppel Pacific Oak US REIT's distribution payout ratio and says it may be narrower than previously expected. While the REIT is guiding for its payout ratio to rise gradually, the analyst says in a note thatit will be lower than his previous projections and trims his 2026-2029 payout ratio estimates by 5 percentage points each year to 25%-70%. Still, the U.S. office-focused REIT should benefit from anticipated Federal Reserve rate cuts, with its cost of debt likely to moderate to 4.8% in 2H next year, he adds. UOB KH lowers its rating to hold from buy, but raises its target to US$0.26 from US$0.24. Units are 4.1% higher at US$0.255. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

September 12, 2025 00:51 ET (04:51 GMT)

At the request of the copyright holder, you need to log in to view this content

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/2566266947?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-12 12:51","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2566266947","market":"us","top_or_hot":-1,"title":"Keppel Pacific Oak US Reit's Payout Ratio May Be Narrower Than Expected","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0451 GMT - UOB Kay Hian's Jonathan Koh recalibrates his forecasts for Keppel Pacific Oak US REIT's distribution payout ratio and says it may be narrower than previously expected. While the REIT is guiding for its payout ratio to rise gradually, the analyst says in a note thatit will be lower than his previous projections and trims his 2026-2029 payout ratio estimates by 5 percentage points each year to 25%-70%. Still, the U.S. office-focused REIT should benefit from anticipated Federal Reserve rate cuts, with its cost of debt likely to moderate to 4.8% in 2H next year, he adds. UOB KH lowers its rating to hold from buy, but raises its target to US$0.26 from US$0.24. Units are 4.1% higher at US$0.255. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 12, 2025 00:51 ET (04:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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's Payout Ratio May Be Narrower Than Expected</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's Payout Ratio May Be Narrower Than Expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-09-12 12:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0451 GMT - UOB Kay Hian's Jonathan Koh recalibrates his forecasts for Keppel Pacific Oak US REIT's distribution payout ratio and says it may be narrower than previously expected. While the REIT is guiding for its payout ratio to rise gradually, the analyst says in a note thatit will be lower than his previous projections and trims his 2026-2029 payout ratio estimates by 5 percentage points each year to 25%-70%. Still, the U.S. office-focused REIT should benefit from anticipated Federal Reserve rate cuts, with its cost of debt likely to moderate to 4.8% in 2H next year, he adds. UOB KH lowers its rating to hold from buy, but raises its target to US$0.26 from US$0.24. Units are 4.1% higher at US$0.255. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  September 12, 2025 00:51 ET (04:51 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0251143029.SGD","symbol_name":"Fidelity ASEAN A-SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2566266947","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2566266947","pubTimestamp":1757652660,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0451 GMT - UOB Kay Hian's Jonathan Koh recalibrates his forecasts for Keppel Pacific Oak US REIT's distribution payout ratio and says it may be narrower than previously expected. While the REIT is guiding for its payout ratio to rise gradually, the analyst says in a note thatit will be lower than his previous projections and trims his 2026-2029 payout ratio estimates by 5 percentage points each year to 25%-70%. Still, the U.S. office-focused REIT should benefit from anticipated Federal Reserve rate cuts, with its cost of debt likely to moderate to 4.8% in 2H next year, he adds. UOB KH lowers its rating to hold from buy, but raises its target to US$0.26 from US$0.24. Units are 4.1% higher at US$0.255. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0251143029.SGD":"Fidelity ASEAN A-SGD","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0441851309.USD":"JPM ASEAN EQUITY \"A\" ACC","BK6132":"办公室房地产信托","LU0348814723.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"A\" (USD) INC  NC","BK6099":"办公房地产投资信托","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU0516422440.USD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"A\" (USD) ACC","LU0348816934.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT\" (USD)","LU0572940350.SGD":"Janus Henderson Horizon Asian Dividend Income A3 SGD","LU0315178854.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"A\" ACC","BK6512":"房地产股","LU0577902298.EUR":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (EUR) ACC","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","LU0516422952.EUR":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (EUR) ACC","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0251144936.SGD":"Fidelity Sustainable Asia Equity A-SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","LU2238330802.EUR":"AZ EQUITY - ASEAN COUNTRIES \"AAZ\" (EUR) ACC","LU2449936058.SGD":"SUSTAINABLE ASIA EQUITY \"AA\" (SGD) ACC","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","LU0264606111.USD":"Janus Henderson Horizon Asian Dividend Income A2 USD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999013478.USD":"利安新加坡股息基金","LU0577902611.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"A\" (USD) ACC","LU0588545904.SGD":"Eastspring Investments - Asian Equity Income ASDM SGD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU0955669360.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD","BN4.SI":"吉宝有限公司","LU0823417737.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC","LU0577902454.USD":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (USD) ACC","LU0738912210.USD":"Blackrock Asia Pacific Equity Income A6 USD","LU0737861269.HKD":"FIDELITY ASEAN \"A \" (HKD) ACC","LU0261945553.USD":"FIDELITY ASEAN \"A\" ACC","CMOU.SI":"吉宝-KBS美国房地产信托","LU0588545730.USD":"EASTSPRING INVESTMENTS ASIAN EQUITY INCOME \"ADM\" (USD) INC","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","LU0048597586.USD":"富达亚洲焦点A","LU2506952170.USD":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"CRH\" (USDHDG) INC","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","LU1130305938.SGD":"Schroder ISF Asian Dividend Maximiser A Dis SGD-H","LU0516423091.SGD":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","BK6112":"综合性银行","BK6523":"ESG概念","LU1839390173.USD":"JPM ASEAN EQUITY \"A\" (USD) INC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD"},"translate_title":"吉宝太平洋橡树美国房地产投资信托基金的派息率可能低于预期——市场讨论","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BN4.SI":1,"CMOU.SI":0.9},"content_text":"0451 GMT - UOB Kay Hian's Jonathan Koh recalibrates his forecasts for Keppel Pacific Oak US REIT's distribution payout ratio and says it may be narrower than previously expected. While the REIT is guiding for its payout ratio to rise gradually, the analyst says in a note thatit will be lower than his previous projections and trims his 2026-2029 payout ratio estimates by 5 percentage points each year to 25%-70%. Still, the U.S. office-focused REIT should benefit from anticipated Federal Reserve rate cuts, with its cost of debt likely to moderate to 4.8% in 2H next year, he adds. UOB KH lowers its rating to hold from buy, but raises its target to US$0.26 from US$0.24. Units are 4.1% higher at US$0.255. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 12, 2025 00:51 ET (04:51 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"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/2566266947","isCrawlerRequest":true}