In the spirit of full disclosure, please note that I hold an existing stake in Keppel KBS US REIT. As background, when the unit price crashed to the 0.56 range in December 2018, I thought that the market was massively mispricing this REIT so I loaded up on this counter. Unfortunately I only managed to get around to writing this article today and the unit price has appreciated by more than 12% since, so huge apologies for the delay (I do share all my favourite stock picks on the FH Stock Watch, and Keppel KBS US REIT was included in mid Dec – it’s just 5 bucks a month and you get to support the site 😉). Anyway, even at its current price I still think this REIT is a steal, so I do hope the following analysis will be useful for all readers.

Do note that I’ve conducted