Shares & Derivatives
Keppel Pacific Oak US REIT Review @ 22 October 2023
By REIT-TIREMENT  •  October 22, 2023
Basic Profile & Key Statistics Main Sector(s): OfficeCountry(s) with Assets: United StatesNo. of Properties (exclude development/associate/fund): 13 Key Indicators Performance Highlight Despite improvements in gross revenue and NPI, income available for distribution declined due to higher interest costs. Rental Reversion Rental revision for 3q is at positive 3.8%. Related Parties Shareholding REIT Sponsor's Shareholding: Below median by 20% or moreREIT Manager's Shareholding: Above median by 10% or moreDirectors of REIT Manager's Shareholding: Above median by 20% or more Lease Profile Occupancy: ± 5% from medianWALE: ± 10% from medianHighest Lease Expiry within 5 Years: Below median by 20% or more; Falls in 2027Weighted Average Land Lease Expiry: 100% Freehold Properties Debt Profile Gearing Ratio: ± 10% from medianCost of Debt: ± 10% from medianFixed Rate Debt %: ± 10% from medianUnsecured Debt %: 100%WADM: ± 10% from medianHighest Debt Maturity within 5 Years: Below median by 10% or more; Falls in 2028Interest Coverage Ratio: ± 10% from median Diversification Profile Top...
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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