Interestingly, Straits Time has released an article on the positivity of the US Office REIT space. Similar to them, I had been positive for a while. This was mainly due to the successful refinancing of all 3 SGX US Office REIT of their debt. This removes one key re-financing risk. Of course, Manulife US (MUST) refinancing as part of the proposal, has to start selling US office buildings from a position of weakness amid vacating tenants in both Penn and Diablo Buildings. Positive- Refinancing Done, 10% Dividend Resume 2026 Despite the high leverage of the US Office REITs (due to high cap rates used), refinancing of their debts were confirmed in 2024. My main investment, PRIME US, has refinanced albeit at a higher margin + SOFR. With cashflow secured, my view is in 2025 both KORE and PRIME US will continue to use their rental cashflow to pay down debt. As what the REIT managers have guided, 2026 will be when...