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Keppel Pacific Oak US REIT beats IPO forecast by 27% with 4Q DPU of 1.51 US cents

Uma Devi
Uma Devi • 3 min read
Keppel Pacific Oak US REIT beats IPO forecast by 27% with 4Q DPU of 1.51 US cents
SINGAPORE (Jan 21): Keppel Pacific Oak US REIT (KORE) reported a distribution per unit (DPU) of 1.51 US cents for 4Q19 ended December, some 26.9% higher than its forecasted DPU of 1.19 US cents. 
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SINGAPORE (Jan 21): Keppel Pacific Oak US REIT (KORE) reported a distribution per unit (DPU) of 1.51 US cents for 4Q19 ended December, some 26.9% higher than its forecasted DPU of 1.19 US cents.

This was also some 23.8% higher than DPU of 1.22 US cents in 4Q18.

This brings KORE’s DPU for FY19 to 6.01 US cents, 26% higher than the forecasted DPU of 4.77 US cents and 31.2% higher than FY18’s DPU of 4.58 US cents.

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