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Keppel Pacific Oak US REIT(CMOU)

Description: Keppel Pacific Oak US REIT (KORE) is a distinctive office REIT listed on the main board of the Singapore Exchange Securities Trading Limited (SGX-ST) on 9 November 2017. KORE's investment strategy is to principally invest in a diversified portfolio of income-producing commercial assets and real estate-related assets in key growth markets of the United States (US) with positive economic and office fundamentals that generally outpace the US national average, and the average of the gateway cities, so as to provide sustainable distributions and strong total returns for Unitholders. KORE is managed by Keppel Pacific Oak US REIT Management Pte. Ltd., which is jointly owned by two Sponsors, Keppel Capital and KPA. KORE's portfolio comprises a balanced mix of 13 freehold office buildings and business campuses across eight key growth markets driven by innovation and technology in the US. The assets have a combined value of US$1.30 billion and an aggregate net lettable area of over 4.7 million sf. KORE has an extensive and diversified tenant base, some of which are from the growth and defensive sectors such as technology, as well as medical and healthcare, which will continue to support and drive growth. KORE is a technology-focused office REIT with over 50% of the portfolio located in the technology hubs of Seattle " Bellevue/Redmond, Austin and Denver. The remainder of the portfolio is located in the key growth markets of Houston, Dallas, Orlando, Sacramento and Atlanta.


Keywords: Real Estate Investment Trust Singapore Exchange Technology Hubs

Home Page: www.koreusreit.com

Keppel Bay Tower
Singapore, 098632
Singapore
Phone: 65 6803 1818


Officers

Name Title
Mr. David Eric Snyder CPA, CPA CEO & Chief Investment Officer of Keppel Pacific Oak US REIT Management Pte Ltd
Mr. Wei Yong Gwee Chief Financial Officer of Keppel Pacific Oak US REIT Management Pte. Ltd.
Ms. Brenda Hew Investor Relations Exec.
Ms. Frances Teh Sr. Mang. of Group Corp. Communications
Mr. Wei Ming Tan Company Sec. of Keppel Pacific Oak US REIT Management Pte Ltd

Exchange: SG

Country: SG

Currency: US Dollar ($)

Forward PE: 8.3822
Trailing PE: 5.3333
Price-to-Book MRQ: 0.6528
Price-to-Sales TTM: 3.3398
IPO Date:
Fiscal Year End: December
Full Time Employees: 6
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