KORE US REIT's Leasing Outlook Appears Positive -- Market Talk

Dow Jones04-20

0514 GMT - KORE US REIT's leasing outlook appears positive, RHB Research's Vijay Natarajan says in a research report. Leasing demand and enquiries for the REIT have picked up strongly since 1Q, with April alone seeing more leases signed than during all of 1Q, the analyst notes. Also, active leasing discussions are ongoing at the REIT's The Westpark Portfolio, One Twenty Five, and Maitland Promenade I & II properties, with demand from technology, healthcare, defence, finance and professional services sectors. Moreover, the appointment of a new asset management firm is expected to reap better synergies and cost savings for the REIT. RHB Research has a buy rating and a target price of US$0.30 on the units, which are unchanged at US$0.189. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

April 20, 2026 01:14 ET (05:14 GMT)

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Also, active leasing discussions are ongoing at the REIT's The Westpark Portfolio, One Twenty Five, and Maitland Promenade I &amp; II properties, with demand from technology, healthcare, defence, finance and professional services sectors. Moreover, the appointment of a new asset management firm is expected to reap better synergies and cost savings for the REIT. RHB Research has a buy rating and a target price of US$0.30 on the units, which are unchanged at US$0.189. 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