Keppel Pacific Oak US REIT Review @ 22 October 2023
@REIT_TIREMENT:
$KepPacOakReitUSD(CMOU.SI)$ Basic Profile & Key Statistics Main Sector(s): Office Country(s) with Assets: United States No. of Properties (exclude development/associate/fund): 13 Key Indicators Performance Highlight Despite improvements in gross revenue and NPI, income available for distribution declined due to higher interest costs. Rental Reversion Rental revision for 3q is at positive 3.8%. Related Parties Shareholding REIT Sponsor's Shareholding: Below median by 20% or more REIT Manager's Shareholding: Above median by 10% or more Directors of REIT Manager's Shareholding: Above median by 20% or more Lease Profile Occupancy: ± 5% from median WALE: ± 10% from median Highest Lease Expiry within 5 Years: Below median by 20% or mor