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Keppel Pacific Oak US REIT (KORE)
Broker's Calls
RHB remains 'overweight' on US office REITs despite drop in unit prices
Analyst Vijay Natarajan remains positive on the sector as recessionary fears in the US could force workers back to the office.
September 30, 2022
REITs
KORE divests Northridge Center I & II in Atlanta for US$22.1 mil
The consideration was satisfied in cash and is 16.9% above its last independent valuation as at Dec 31, 2021.
July 28, 2022
Results
KORE reports 1HFY2022 DPU of 3.02 US cents, down 4.4%
On a like-for-like basis, KORE’s adjusted DPU increased by 0.7% y-o-y for the 2QFY2022 and 1HFY2022.
July 27, 2022
kopi-C: the Company brew
KORE: Driving sustainability and unlocking value
The REIT will continue to seek high-quality and value-accretive acquisitions across the US,
June 01, 2022
Broker's Calls
UOB Kay Hian keeps ‘buy’ on KORE in light of fast rising organic growth from core cities
KORE has presence in Atlanta, Dallas, Denver and Orlando, which accounts for 34.4% of its AUM
May 31, 2022
Broker's Calls
RHB keeps ‘buy’ rating on Keppel Pacific Oak US REIT on stable returns
KORE delivered a solid 1QFY2022 ended March with distributable income up 11% y-o-y and an estimated DPU of 1.6 cents (+1% y-o-y)
April 20, 2022
Results
KORE reports 10.9% growth y-o-y in distributable income in 1Q2022
KORE reports 10.9% y-o-y rise in 1Q2022 distributable income
April 19, 2022
REITs
REITs can offset impact of rising rates with a more defensive portfolio
KORE opts for defensive campus style properties as shelter from rising rates and inflation
March 16, 2022
Broker's Calls
Analysts like Keppel Pacific Oak US REIT for steady performance
RHB has upped its target price to 92 US cents, while DBS has kept its target price at 85 US cents.
February 07, 2022