On 23 October 2024, Keppel Pacific Oak US REIT (“KORE”) announced their third quarter business update for FY2024. This is a small business update, and KORE has not indicated if they will be resuming any dividends in the near future. The next announcement for the full financial year FY2024 will mark the anniversary of them suspending dividends. We will be able to see if there are any further valuation write-downs, as well as better guidance on the outlook for US commercial properties.
Disclaimer: Not financial advice. All data and information provided on this site is for informational purposes only.
Website: General Announcement::Keppel Pacific Oak US REIT Key Business And Operational Updates For The Third Quarter 2024
Photo source: https://www.theedgesingapore.com/news/reits/keppel-pacific-oak-us-reit-esr-reit-and-prime-us-reit-join-ftse-epra-nareit-global
Financial Highlights
Distribution Per Unit (“DPU”)
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Based on the announcement on 23 October 2024, DPU was not included in the business update for...
