Ouch, this has been so painful for existing unitholders of Keppel Oak Pacific REIT ("KORE"). YoY distribution income for 9mth ending FY2025 dropped . Higher financing cost as well as spike in the Trust expenses rise +6% on a YoY basis. The good news here is that the occupancy rate remains stable at 88% while rental reversion is a huge positive +9.6%. So finally, there appears to be some lights at the end of the tunnel for KORE. 

KORE's management has asserted that barring unforeseen circumstances, it is on track to restart income distribution for 1H FY2026 by 2H FY2026.

The news of the restart of distribution unfortunately comes with a caveat. KORE's management will only do a partial payout for the 1st initial distribution in FY2026 in order to be conservative and only progressively increase this payout ratio.