Basic Profile & Key Statistics Prime US REIT (PRIME) is an office REIT with 14 properties in U.S.
Performance Highlight Performance has improved due to contribution from the newly acquired One Tower Center and Sorrento Towers.

Rental reversion is high for this quarter at 19.2%.
Acquisition of Sorrento Towers and One Town Center was completed on 23 July and 21 July respectively.

 Related Parties Shareholding

REIT sponsor's shareholding is low at 0.832%REIT manager's shareholding is low at 0.218%Directors of REIT manager's shareholding is high at 1.059%
Lease Profile Occupancy is slightly low at 91.4%WALE is long at 4.5 yearsHighest lease expiry within 5 years is low at 18.3% which falls in 2024All properties are freehold
Debt Profile Gearing ratio is moderate at 38.4%Cost of debt is slightly high at 2.6%Fixed rate debt % is high at 85%All debts are secured debtsWADM is long at 3.2 yearsHighest debt maturity within 5 years is...