Keppel Pacific Oak US REIT (CMOU.SI)

USD 0.21

(-4.55%)

Market Cap (In USD)

219.33 Million

Revenue (In USD)

151.57 Million

Net Income (In USD)

-67.72 Million

Avg. Volume

4.38 Million

Currency
USD
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
0.122-0.385
PE
-
EPS
-
Beta Value
1.46
ISIN
SG1EA1000007
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Office
CEO
Mr. David Eric Snyder CPA
Employee Count
-
Website
https://www.koreusreit.com
Ipo Date
2017-11-09
Details
Keppel Pacific Oak US REIT (KORE) is a distinctive office REIT listed on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST) on 9 November 2017. KORE's investment strategy is to principally invest in a diversified portfolio of income-producing commercial assets and real estate-related assets in key growth markets of the United States (US) with positive economic and office fundamentals that generally outpace the US national average, and the average of the gateway cities, so as to provide sustainable distributions and strong total returns for Unitholders. KORE is managed by Keppel Pacific Oak US REIT Management Pte. Ltd., which is jointly owned by two Sponsors, Keppel Capital and KPA. KORE's portfolio comprises a balanced mix of 13 freehold office buildings and business campuses across eight key growth markets driven by innovation and technology in the US. The assets have a combined value of US$1.30 billion and an aggregate net lettable area of over 4.7 million sf. KORE has an extensive and diversified tenant base, some of which are from the growth and defensive sectors such as technology, as well as medical and healthcare, which will continue to support and drive growth. KORE is a technology-focused office REIT with over 50% of the portfolio located in the technology hubs of Seattle – Bellevue/Redmond, Austin and Denver. The remainder of the portfolio is located in the key growth markets of Houston, Dallas, Orlando, Sacramento and Atlanta.