For its 1HFY2024 ended June, the REIT reported a gross revenue and net property income (NPI) of US$74.4 million and US$42.0 million, respectively.
The manager of Keppel Pacific Oak US REIT (KORE) says the REIT’s trustee, Perpetual (Asia) Limited, has secured a US$45 million ($59.29 million) loan facility.
The transaction is not expected to have a material impact on the net tangible assets or earnings per unit of KORE for the current financial year ending Dec 31.
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