US office REIT

Analyst Vijay Natarajan remains positive on the sector as recessionary fears in the US could force workers back to the office.

The acquisitions mark Prime US REIT’s entry into the two markets.

Slow easing of lockdown measures will likely favour US office REITs.

SINGAPORE (Sept 7): KBS Realty Advisors, the US real-estate investment firm, is planning to raise about US$500 million ($673 million) via a Singapore initial public offering of some of its US office assets.