Keppel Pacific Oak REIT (KORE)

Broker's Calls

UOB Kay Hian maintains ‘buy’ on KORE, downgrades TP to 38 US cents

UOBKH analyst Jonathan Koh has lowered his FY2026 DPU forecast by 2% due to marginally lower occupancy.
Keppel Pacific Oak US REIT’s trustee secures US$45 mil loan facility - THE EDGE SINGAPORE

REITs

Keppel Pacific Oak US REIT’s trustee secures US$45 mil loan facility

For its 1HFY2024 ended June, the REIT reported a gross revenue of US$74.4 million ($99.83 million).

REITs

Keppel Pacific Oak US REIT secures loan facility

The REIT’s trustee has also obtained a revolving credit facility in a principal amount of US$25 million.
Analysts slash KORE’s TP; DBS downgrades to ‘fully valued’ - THE EDGE SINGAPORE

Broker's Calls

Analysts slash KORE’s TP; DBS downgrades to ‘fully valued’

Analysts have slashed their target prices to a range of 10 US cents to 35 US cents.

Broker's Calls

RHB lowers KORE’s TP further to 48 US cents due to higher equity risk premium

KORE’s results for the 3QFY2023 ended Sept 30 stood “slightly above” RHB's expectations.
KORE’s operational performance held up well against market challenges, analysts maintain ‘buy’ - THE EDGE SINGAPORE

Broker's Calls

KORE’s operational performance held up well against market challenges, analysts maintain ‘buy’

Keppel Pacific Oak US REIT (KORE) has largely kept in line with analysts expectations, holding up well against market challenges.
KORE reports 2QFY2023 DPU of 1.25 cents, down 12.6% y-o-y, due to higher financing costs - THE EDGE SINGAPORE

Results

KORE reports 2QFY2023 DPU of 1.25 cents, down 12.6% y-o-y, due to higher financing costs

The divestments of Northridge Center and Powers Ferry as well as the impact of management fees in cash also led to the DPU drop.

REITs

KORE completes divestment of Powers Ferry in Atlanta for US$16.1 mil

Following the transaction costs and the manager’s divestment fees, the REIT has netted a divestment price of US$15.4 million.

Broker's Calls

Brokers' Digest: KORE, SIA, CDLHT, Netlink NBN Trust, Digital Core REIT

Here's what the analysts have to say this week.
KORE’s 3QFY2022 results relatively stable, analysts keep 'buy' with lower TPs - THE EDGE SINGAPORE

Broker's Calls

KORE’s 3QFY2022 results relatively stable, analysts keep 'buy' with lower TPs

KORE’s strong quarter of operational numbers has defied broader market expectations
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